|
PRESS RELEASE | APRIL 25, 2025 |
|
FDIC Issues Enforcement Orders for March 2025
WASHINGTON - The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in March 2025. There are no administrative hearings scheduled for May 2025.
The FDIC issued 16 safety and soundness orders in March 2025. The administrative enforcement actions in those orders consisted of one consent order, one order of termination of insurance, three orders terminating consent orders, four orders to pay civil money penalties, and seven orders terminating a total of 101 waiver orders under Section 19 of the FDI Act, 12 U.S.C. § 1829 (Section 19 waiver orders).
Consent Order:
- Liberty Bank, Inc.; Salt Lake City, UT; (Docket No.: FDIC-23-0082b)
Order of Termination of Insurance:
- Catskill Hudson Bank; Monticello, NY; (Docket No.: FDIC-24-0058p)
Orders Terminating Consent Order:
Orders to Pay Civil Money Penalties:
- Raccoon Vally Bank; Perry, IA; (Docket No.: FDIC-24-0121k)
- Community First Bank; New Iberia, LA; (Docket No.: FDIC-24-0125k)
- American Bank of Oklahoma; Collinsville, OK; (Docket No.: FDIC-24-0129k)
- Quaint Oak Bank; Southhampton, PA; (Docket No.: FDIC-25-0029k)
Section 19 Applications:
-
Seven Orders Issued Pursuant to Section 19 of the Section 19 FDI Act; Each of the Orders authorizes the Applicant to participate in the conduct of the affairs of any insured depository institution.
|
|
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. |
|
|
|
