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Revised: FDIC Makes Public January Enforcement Actions - Breakdown of Orders Corrected


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Revised: FDIC Makes Public January Enforcement Actions - Breakdown of Orders Corrected

For Immediate Release

March 1, 2019

Press Release

Media Contact:
Greg Hernandez
(202) 898-6984
ghernandez@fdic.gov

FDIC Makes Public January Enforcement Actions;

No Administrative Hearings Scheduled for March 2019

 

The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in January. There are no administrative hearings scheduled for March 2019.

The FDIC issued a total of 25 orders, and one notice issued in October 2018.  The administrative enforcement actions in those orders consisted of 10 Section 19 orders; four civil money penalty orders; six prohibition orders; two consent orders; one prompt corrective order; three terminations of consent orders; and one notice. 

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

Enforcement 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, 5,406 as of December 31, 2018. 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 dollarsinsured 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-10-2019



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Original article from FDIC Press Releases - Recent Updates updated 3/1/2019