FDIC Makes Public July Enforcement Actions; One Administrative Hearing Scheduled for September 2015

Press Release

FDIC Makes Public July Enforcement Actions;

One Administrative Hearing Scheduled for September 2015

August 28, 2015
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 July. One administrative hearing is scheduled for September 2015.

The FDIC issued a total of 29 orders, and one notice. The administrative enforcement orders consisted of three consent orders; one removal and prohibition order; one voluntary termination of insurance; six Section 19 orders; three civil money penalties; one voluntary termination of insurance; two amended consent orders; 10 orders terminating consent orders and cease and desist orders; two orders terminating supervisory prompt corrective action directives; and one notice.

To view the orders online, please visit the FDIC's Web page by clicking the link below.

July 2015 Enforcement Decisions and Orders

# # #

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, 6,419 as of March 31, 2015. 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-69-2015

The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe.