Media Contact: LaJuan Williams-Young (202) 898-3876 lwilliams-young@fdic.gov
FDIC Makes Public November Enforcement Actions;
No Administrative Hearings Scheduled for January 2018
The Federal Deposit Insurance Corporation (FDIC) today
released a list of orders of administrative enforcement actions taken against
banks and individuals in November. There
are no administrative hearings scheduled for January 2018.
The
FDIC issued a total of 29 orders and adjudicated decisions in November.
Today’s release also includes one termination order issued in October.
The administrative enforcement actions in November’s orders consisted of two
consent orders; four Section 19 orders; 10 removal and prohibition orders; five
civil money penalties; one order of restitution; five terminations of
consent orders; and two adjudicated decisions.
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.
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