FDIC Makes Public May Enforcement Actions; No Administrative
Posted: Fri Jun 29, 2012 10:25 pmFDIC Makes Public May Enforcement Actions; No Administrative Hearings Scheduled for July 2012
FOR IMMEDIATE RELEASE
June 29, 2012Media 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 for July 2012.
The FDIC issued a total of 53 orders and one notice in May. The orders included: nine consent orders; eight removal and prohibition orders; 10 civil money penalties; two prompt corrective action; eight section 19 orders; one modification of consent order; 13 orders terminating consent orders and cease and desist orders; two orders terminating supervisory prompt corrective action directives; and one notice of intention to prohibit from further participation, and notice of assessment of civil money penalties, findings of fact and conclusions of law, order to pay, and notice 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 all orders online, visit the FDIC's Web page by clicking the link below.
http://www.fdic.gov/news/news/press/201 ... ovdelivery
FOR IMMEDIATE RELEASE
June 29, 2012Media 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 for July 2012.
The FDIC issued a total of 53 orders and one notice in May. The orders included: nine consent orders; eight removal and prohibition orders; 10 civil money penalties; two prompt corrective action; eight section 19 orders; one modification of consent order; 13 orders terminating consent orders and cease and desist orders; two orders terminating supervisory prompt corrective action directives; and one notice of intention to prohibit from further participation, and notice of assessment of civil money penalties, findings of fact and conclusions of law, order to pay, and notice 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 all orders online, visit the FDIC's Web page by clicking the link below.
http://www.fdic.gov/news/news/press/201 ... ovdelivery