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FDIC Makes Public May Enforcement Actions; No Administrative

Daily newsbrief journal for June 2010
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FDIC Makes Public May Enforcement Actions; No Administrative

Postby admin » Fri Jun 25, 2010 10:14 am

Press Release
FDIC Makes Public May Enforcement Actions; No Administrative Hearings are Scheduled


FOR IMMEDIATE RELEASE
June 25, 2010 Media Contact:
LaJuan Williams-Young
Office: (202) 898-3876
Email: lwilliams-young@fdic.gov


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.
The FDIC processed a total of 62 matters in May. These included 30 cease and desist consent orders; three removal and prohibition orders; thirteen civil money penalties; eight prompt corrective actions; one section 19; and seven orders terminating an order to cease and desist.
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/enf ... index.html.
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