FDIC Makes Public September Enforcement Actions; No Administ
Posted: Fri Oct 28, 2011 9:59 amFDIC Makes Public September Enforcement Actions; No Administrative Hearings Scheduled for October 2011
FOR IMMEDIATE RELEASE
October 28, 2011 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 September. No administrative hearings are scheduled.
The FDIC issued a total of 56 orders and two notices in September. The orders included: 10 consent orders; 12 removal and prohibition orders; three cross guarantee liabilities; 16 civil money penalties; three prompt corrective actions; three voluntary terminations of insurance; and nine orders terminating consent orders and cease and desist orders. The following two notices were issued: (1) a notice of intention to prohibit from further participation; notice of assessment of civil money penalties, findings of fact and conclusions of law, orders to pay, and notice of hearing was issued; and (2) a notice of charges and of hearing.
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.
FOR IMMEDIATE RELEASE
October 28, 2011 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 September. No administrative hearings are scheduled.
The FDIC issued a total of 56 orders and two notices in September. The orders included: 10 consent orders; 12 removal and prohibition orders; three cross guarantee liabilities; 16 civil money penalties; three prompt corrective actions; three voluntary terminations of insurance; and nine orders terminating consent orders and cease and desist orders. The following two notices were issued: (1) a notice of intention to prohibit from further participation; notice of assessment of civil money penalties, findings of fact and conclusions of law, orders to pay, and notice of hearing was issued; and (2) a notice of charges and of hearing.
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.