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Press Releases FDIC Makes Public August Enforcement Actions; No Administrative Hearings Scheduled for September 2010
The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in August. No administrative hearings are scheduled. The FDIC processed a total of 63 matters in August. These included 22 consent orders; four removal and prohibition orders; 11 civil money penalties; four prompt corrective action; two section 19 orders; 19 orders terminating an order to cease and desist; and one adjudicated decision. Copies of the orders referred to above can be obtained from or inspected at the FDIC's Public Information Center, 3501 Fairfax Drive, Room E-1002, Arlington, VA (telephone 703-562-2200 or 1-877-275-3342). To view individual orders below, click the link for the PDF next to the order. To view all orders online, visit the FDIC's Web page at http://www.fdic.gov/bank/individual/enforcement/index.html. A list of orders made public today follows. PDF Help - Information on downloading and using the PDF reader. FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. §1818(b) SouthPoint Bank, Birmingham, AL; FDIC-10-414b; Issued 8/10/10 - PDF Farmers Exchange Bank, Louisville, AL; FDIC-10-382b; Issued 8/10/10 - PDF United Pacific Bank, City of Industry, CA; FDIC-10-392b; Issued 8/5/10 - PDF Western Commercial Bank, Woodland Hills, CA; FDIC-10-575b; Issued 8/20/10 - PDF First Guaranty Bank and Trust Company of Jacksonville, Jacksonville, FL; FDIC-09-686b; Issued 8/11/10 - PDF Syringa Bank, Boise, ID; FDIC-10-314b; Issued 8/19/10 - PDF Builders Bank, Chicago, IL; FDIC-10-535b; Issued 8/5/10 - PDF Bank of the Prairie, Olathe, KS; FDIC-10-459b; Issued 8/26/10 - PDF The Community Bank, A Massachusetts Cooperative Bank, Brockton, MA; FDIC-10-588b; Issued 8/12/10 - PDF First Carolina State Bank, Rocky Mount, NC; FDIC-10-319b; Issued 8/24/10 - PDF Cornerstone Bank, Enderlin, ND; FDIC-10-470b; Issued 8/12/10 - PDF Northwest Bank, Lake Oswego, OR; FDIC-10-421b; Issued 8/30/10 - PDF Colonial American Bank, Horsham, PA; FDIC-10-473b; Issued 8/11/10 - PDF First South Bank, Spartanburg, SC; FDIC-10-300b; Issued 8/27/10 - PDF Bank of Lincoln County, Fayetteville, TN; FDIC-10-023b; Issued 8/10/10 - PDF Proficio Bank, Salt Lake City, UT; FDIC-10-449b; Issued 8/5/10 - PDF Shorebank, Pacific, Ilwaco, WA; FDIC-09-513b; Issued 8/10/10 - PDF Cambridge State Bank, Cambridge, WI; FDIC-10-337b; Issued 8/16/10 - PDF The Park Bank, Madison, WI; FDIC-10-318b; Issued 8/13/10 - PDF Securant Bank & Trust, Menomonee Falls, WI; FDIC-10-380b; Issued 8/24/10 - PDF First State Bank, New London, WI; FDIC-10-215b; Issued 8/31/10 - PDF Community Business Bank, Sauk City, WI; FDIC-10-455b; Issued 8/9/10 - PDF FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C. § 1818(e) Seamen's Bank, Provincetown, MA; FDIC-10-403e; against Kathleen J. Morris; Issued 8/24/10 - PDF BankPlus, Belzoni, MS; FDIC-09-040e; against Charles K. Payne, Jr.; Issued 7/21/10 - PDF Charles Payne was a real estate appraiser determined to be an Institution-Affiliated Party of BankPlus. Payne engaged in unsafe or unsound practices when he issued appraisals indicating that properties were complete when the properties were not complete, and physical inspection of the properties would have shown they were not complete. The Bank suffered losses as a result of Payne's misconduct, and Payne stipulated to a prohibition from further participation in the banking industry. Peoples Bank of the South, Bude, MS; FDIC-09-709e; against Warren Corban; Issued 8/24/10 - PDF Planters Bank & Trust Company, Indianola, MS; FDIC-10-152e; against Sandra Jones; Issued 8/23/10 - PDF FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. § 1818(i) Bank of Stockton, Stockton, CA; FDIC-10-523k; in the amount of $7,315.00; Issued 8/17/10 - PDF Savings Bank of Mendocino County, Ukiah, CA; FDIC-10-534k; in the amount of $8,855.00; Issued 8/25/10 - PDF Bank of Bluffs, Bluffs, IL; FDIC-10-313k; in the amount of $7,150.00; Issued 8/6/10 - PDF Peoples Security Bank, Louisa, KY; FDIC-10-345k; in the amount of $1,500.00; Issued 8/5/10 - PDF Summit Community Bank, East Lansing, MI; FDIC-10-383k; in the amount of $5,500.00; Issued 8/2/10 - PDF Rockwood Bank, Eureka, MO; FDIC-10-510k; in the amount of $2,000.00; Issued 8/23/10 - PDF Kearney Trust Company, Kearney, MO; FDIC-10-492k; in the amount of $2,500.00; Issued 8/9/10 - PDF Wood & Huston Bank, Marshall, MO; FDIC-10-460k; in the amount of $13,090.00; Issued 8/23/10 - PDF AmBank, Silver City, NM; FDIC-10-025k; in the amount of $5,600.00; Issued 8/3/10 - PDF Metro Bank, Lemoyne, PA; FDIC-10-530k; in the amount of $6,075.00; Issued 8/31/10 - PDF Bank of Mauston, Mauston, WI; FDIC-09-730k; in the amount of $1,925.00; Issued 8/3/10 - PDF FINAL ORDERS ISSUED PURSUANT TO SECTION 38, 12 U.S.C. § 1831o Western Commercial Bank, Woodland Hills, CA; FDIC-10-558PCAS; Issued 8/5/10 - PDF Idaho First Bank, McCall, ID; FDIC-10-557PCAS; Issued 8/20/10 - PDF Peoples State Bank, Hamtramck, MI; FDIC-10-598PCAS; Issued 8/18/10 - PDF American Patriot Bank, Greeneville, TN; FDIC-10-472PCAS; Issued 8/17/10 - PDF FINAL ORDERS ISSUED PURSUANT TO SECTION 19, 12 U.S.C. § 1829 Daniel Gustavo Diaz, FDIC-10-262L; Order Granting Permission to File Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 8/23/10 - PDF Todd Brian Haynes, FDIC-10-226L; Order Granting Permission to File Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 8/11/10 - PDF TERMINATIONS Orders Terminating an Order to Cease and Desist Coastal Community Bank, Panama City Beach, FL; FDIC-09-062b; Issued 8/13/10 - PDF Northwest Bank & Trust, Acworth, GA; FDIC-09-685b; Issued 8/13/10 - PDF Sunrise Bank of Atlanta, Atlanta, GA; FDIC-09-696b; Issued 8/18/10 - PDF Crescent Bank and Trust Company, Jasper, GA; FDIC-09-087b; Issued 8/4/10 - PDF Peoples State Bank, Jeffersonville, GA; FDIC-09-694b; Issued 8/18/10 - PDF Kenney Bank and Trust, Kenney, IL; FDIC-08-102b; Issued 8/3/10 - PDF The Community Bank, A Massachusetts Cooperative Bank, Brockton, MA; FDIC-09-212b; Issued 8/12/10 - PDF Community Security Bank, New Prague, MN; FDIC-09-209b; Issued 8/23/10 - PDF Citizens Community Bank, Ridgewood, NJ; FDIC-07-265b; Issued 8/20/10 - PDF LibertyPointe Bank, New York, NY; FDIC-09-112b; Issued 8/20/10 - PDF The Park Avenue Bank, New York, NY; FDIC-08-401b; Issued 8/26/10 - PDF Waterford Village Bank, Williamsville, NY; FDIC-08-402b; Issued 8/20/10 - PDF R-G Premier Bank of Puerto Rico, Hato Rey, PR; FDIC-06-045b; Issued 8/17/10 - PDF Westernbank Puerto Rico, Mayaguez, PR; FDIC-08-275b; Issued 8/20/10 - PDF Eurobank, San Juan, PR; FDIC-07-018b; Issued 8/20/10 - PDF Eurobank, San Juan, PR; FDIC-09-317b; Issued 8/20/10 - PDF Town Center Bank, Coppell, TX; FDIC-08-236b; Issued 8/10/10 - PDF Advanta Bank Corp., Draper, UT; FDIC-09-651b; Issued 8/20/10 - PDF Advanta Bank Corp., Draper, Utah; FDIC-09-266b; Issued 8/20/10 - PDF ADJUDICATED DECISION Citizens Bank and Trust Company of Chicago, Chicago, IL; FDIC-03-106e; FDIC-03-107k; Decision and Order to Prohibition From Further Participation and Assessment of Civil Money Penalties (Corrected); # # # 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 7,932 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-213-2010 |
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Last Updated 9/24/2010 | communications@fdic.gov |