FDIC: Press Releases - PR-66-2006 07/05/2006


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FDIC Makes Public May Enforcement Actions
No Administrative Hearings Scheduled

FOR IMMEDIATE RELEASE
July 5, 2006

Media Contact:
Frank Gresock (202) 898-6634

The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in May. No administrative hearings are scheduled for July.

The FDIC processed a total of 16 orders in May. These included three cease-and-desist orders,
seven removal-and-prohibition orders, five civil money penalty orders, and one termination of a cease-and-desist order.

Copies of the orders referred to above can be obtained from or inspected at the FDIC's Public Information Center, 3501 N. Fairfax Drive, Room E1002, Arlington, VA (telephone 703-562-2200 or 877-275-3342). The orders will also be made available online within a week of the issuance of this news release. To view the orders online, visit the FDIC's Web page at
http://www.fdic.gov/bank/individual/enforcement/neworders.html. A list of orders made public today follows.

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FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. § 1818(b)
(Cease-and-Desist)

Great Eastern Bank of Florida, Miami, FL; FDIC-06-037b; Issued 5/11/06

All American Bank, Des Plaines, IL; FDIC-06-052b; Issued 5/11/06

MCNB Bank and Trust Co., Welch, WV; FDIC-06-029b; Issued 5/3/06

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C. § 1818(e)
(Removal and Prohibition Orders)

Brunswick Bank & Trust Company, New Brunswick, NJ; FDIC-05-160e; against Antoinette Dewysockie; Issued 5/12/06

Brunswick Bank & Trust Company, New Brunswick, NJ; FDIC-05-161e; against Mathilde Stasiuk; Issued 5/12/06

United-American Savings Bank, Pittsburgh, PA; FDIC-05-217e; against Eric C. Rieger; Issued 5/12/06

Citizens Bank of Pennsylvania, Philadelphia, PA; FDIC-05-235e; against Kevin Hagamin; Issued 5/12/06

Friendship Bank, Friendship, T N; FDIC-05-035e; against Benny Fesmire; Issued 5/12/06

First Century Bank, Tazewell, TN; FDIC-05-201e; against Connie S. Dyer; Issued 5/12/06

Homestreet Bank, Seattle, WA; FDIC-06-049e; against Peter Heinen; Issued 5/12/06

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. § 1818(i)
(Civil Money Penalties)

Labe Bank, Chicago, IL; FDIC-06-064k; Order to Pay Civil Money Penalty in the amount of $5,000; Issued 5/22/06

Liberty Bank of New York, New York, NY; FDIC-06-083k; Order to Pay in the amount of $600,000; Issued 5/18/06

First Gaston Bank of North Carolina, Gastonia, NC; FDIC-06-076k; Order to Pay Civil Money Penalty in the amount of $6,000; Issued 5/15/06

Friendship Bank, Friendship, TN; FDIC-05-036k; Order to Pay against Benny Fesmire in the amount of $30,000; Issued 5/12/06

Homestreet Bank, Seattle, WA; FDIC-06-048k; Order to Pay against Peter Heinen in the amount of $20,000; Issued 5/12/06

ORDER TERMINATING AN ORDER TO CEASE AND DESIST

Smithfield State Bank of Smithfield, Pa., Smithfield, PA; FDIC-04-117b; Issued 5/31/06

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 8,790 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars –insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). (PR-66-2006)

Last Updated 07/05/2006

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