FDIC Makes Public December Enforcement Actions;
No Administrative Hearings Scheduled for February 2018
January 26, 2018
The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in December. There are no administrative hearings scheduled for February 2018.
The FDIC issued a total of 10 orders and two notices in December. The administrative enforcement actions in those orders consisted of one consent order; two Section 19 orders; four removal and prohibition orders; two terminations of consent orders; one modification of a cease and desist order; and two notices.
To view orders, adjudicated decisions and notices online, please visit the FDIC's Web page by clicking the link below.
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 banks and savings associations, 5,738 as of September 30, 2017. 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-5-2018