

Press Releases

FDIC Makes Public June Enforcement Actions; No Administrative Hearings are Scheduled



FOR IMMEDIATE RELEASE

July 31, 2009 Media Contact:

LaJuan Williams-Dickerson

Office: (202) 898-3876 (office)

Email: Lwilliams-dickerson@fdic.gov

The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in June. No administrative hearings are scheduled. The FDIC processed a total of 66 orders in June. These included twenty-seven cease and desist orders; seven removal and prohibitions; twenty civil money penalties; one written agreement; two prompt corrective action directives; one voluntary termination of insurance; seven orders terminating an order to cease and desist; and one adjudicated decision. 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 at http://www.fdic.gov/bank/individual/enforcement/index.html. A list of orders made public today follows. FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. § 1818(b)

(Cease-and-Desist)

Colonial Bank, Montgomery, AL; FDIC-09-125b; Issued 6/15/09 - PDF (PDF Help)

Valley Bank and Trust, Brighton, CO; FDIC-09-126b; Issued 6/1/09 - PDF (PDF Help)

Park State Bank & Trust, Woodland Park, CO; FDIC-09-186b; Issued 6/22/09 - PDF (PDF Help)

AL Amerilife First Financial LLC, Clearwater, FL; FDIC-09-257b and FDIC-09-258k; Issued 6/18/09 - PDF (PDF Help)

Mountain Heritage Bank, Clayton, GA; FDIC-09-117b; Issued 6/17/09 - PDF (PDF Help)

The Bank of Georgia, Peachtree City, GA; FDIC-09-133b; Issued 6/30/09 - PDF (PDF Help)

Satilla Community Bank, St. Marys, GA; FDIC-09-149b; Issued 6/30/09 - PDF (PDF Help)

Arcola Homestead Savings Bank, Arcola, IL; FDIC-09-078b; Issued 6/9/09 - PDF (PDF Help)

Grand Rivers Community Bank, Grand Chain, IL; FDIC-09-093b; Issued 6/25/09 - PDF (PDF Help)

First DuPage Bank, Westmont, IL; FDIC-08-387b; Issued 6/16/09 - PDF (PDF Help)

The Community Bank, Brocton, MA; FDIC-09-212b; Issued 6/29/09 - PDF (PDF Help)

New Liberty Bank, Plymouth, MI; FDIC-09-193b; Issued 6/17/09 - PDF (PDF Help)

Americana Community Bank, Sleepy Eye, MN; FDIC-09-168b; Issued 6/9/09 - PDF (PDF Help)

Nevada Security Bank, Reno, NV; FDIC-09-173b; Issued 6/29/09 - PDF (PDF Help)

First BankAmericano, Elizabeth, NJ; FDIC-09-235b; Issued 6/19/09 - PDF (PDF Help)

High Desert State Bank, Albuquerque, NM; FDIC-09-127b; Issued 6/22/09 - PDF (PDF Help)

Savoy Bank, New York, NY; FDIC-09-118b; Issued 6/8/09 - PDF (PDF Help)

The Hicksville Bank, Hicksville, OH; FDIC-09-045b; Issued 6/10/09 - PDF (PDF Help)

American Patriot Bank, Greeneville, TN; FDIC-09-163b; Issued 6/3/09 - PDF (PDF Help)

Prosper Bank, Prosper, TX; FDIC-09-191b; Issued 6/9/09 - PDF (PDF Help)

Advanta Bank Corp., Draper, UT; FDIC-08-259b and FDIC-08-403k; Issued 6/30/09 - PDF (PDF Help)

Advanta Bank Corp., Draper, UT; FDIC-09-266b; Issued 6/30/09 - PDF (PDF Help)

Centennial Bank, Ogden, UT; FDIC-09-293b; Issued 6/26/09 - PDF (PDF Help)

American Express Centurion Bank, Salt Lake City, UT; FDIC-09-251b; Issued 6/30/09 - PDF (PDF Help)

Prime Alliance Bank, Woods Cross, UT; FDIC-09-239b; Issued 6/23/09 - PDF (PDF Help)

City Bank, Lynnwood, WA; FDIC-09-291b; Issued 6/29/09 - PDF (PDF Help)

Seattle Bank, Seattle, WA; FDIC-09-139b; Issued 6/8/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C. § 1818(e)

(Removal and Prohibition Orders)

Jennings State Bank, Spring Grove, MN; FDIC-09-390e; against Anne E. Justesen; Issued 6/29/09 - PDF (PDF Help)

Purdum State Bank, Purdum, NE; FDIC-07-248e; against Michael L. Moody; Issued 6/2/09 - PDF (PDF Help)

Branch Banking and Trust Company, Winston Salem, NC; FDIC-09-012e; against Melody A. Owens; Issued 6/2/09 - PDF (PDF Help)

Citizens Bank of Pennsylvania, Philadelphia, PA; FDIC-08-215e; against Clarissa A. Gavin; Issued 6/29/09 - PDF (PDF Help)

Citizens Bank of Pennsylvania, Philadelphia, PA; FDIC-09-107e; against Marcus R. Nabried; Issued 6/29/09 - PDF (PDF Help)

First Texas Bank, Lampasas, TX; FDIC-08-315e; against Pamela Ruth Haynie; Issued 6/2/09 - PDF (PDF Help)

Home Banking Company, Selmer, TN; FDIC-08-143e; against Pamela S. Sagely; Issued 6/2/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(h), 12 U.S.C. § 1828(h)

(Civil Money Penalties)

Community Bank, National Association, Mobile, AL; FDIC-09-169OA; in the amount of $300.00; Issued 6/5/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. § 1818(i)

(Civil Money Penalties)

AL Amerilife First Financial LLC, A Delaware Limited Liability Company; Clearwater, FL; FDIC-09-257b and FDIC-09-258k; Order to Cease and Desist and Order to Pay in the amount of $100,000.00; Issued 6/18/09 - PDF (PDF Help)

Solon State Bank, Solon, IA; FDIC-09-141k; in the amount of $1,500.00; Issued 6/22/09 - PDF (PDF Help)

Jennings State Bank, Spring Grove, MN; FDIC-08-391k; against Anne E. Justesen in the amount of $25,000.00; Issued 6/29/09 - PDF (PDF Help)

Gateway Bank of St. Louis, St. Louis, MO; FDIC-09-088k; in the amount of $2,500.00; Issued 6/10/09 - PDF (PDF Help)

Purdum State Bank, Purdum, NE; FDIC-07-249k; against Michael L. Moody in the amount of $12,500.00; Issued 6/2/09 - PDF (PDF Help)

USA Bank, Port Chester, NY; FDIC-08-076k; against Thomas Calabro in the amount of $1,000.00; Issued 6/11/09 - PDF (PDF Help)

USA Bank, Port Chester, NY; FDIC-08-076k; against Fred A. DeCaro, Jr. in the amount of $125,000.00; Issued 6/11/09 - PDF (PDF Help)

USA Bank, Port Chester, NY; FDIC-08-076k; against Fred A. DeCaro III in the amount of $15,000.00; Issued 6/11/09 - PDF (PDF Help)

USA Bank, Port Chester, NY; FDIC-08-076k; against Peter Keller in the amount of $1,500.00; Issued 6/11/09 - PDF (PDF Help)

USA Bank, Port Chester, NY; FDIC-08-076k; against Barry I. Spiegler in the amount of $25,000.00; Issued 6/11/09 - PDF (PDF Help)

USA Bank, Port Chester, NY; FDIC-08-076k; against James G. Verrillo in the amount of $15,000.00; Issued 6/11/09 - PDF (PDF Help)

USA Bank, Port Chester, NY; FDIC-08-076k; against Ilyse Wilpon in the amount of $5,000.00; Issued 6/11/09 - PDF (PDF Help)

USA Bank, Port Chester, NY; FDIC-08-076k; against Richard D. Zeisler in the amount of $15,000.00; Issued 6/11/09 - PDF (PDF Help)

Altoona First Savings Bank, Altoona, PA; FDIC-09-170k; in the amount of $4,350.00; Issued 6/2/09 - PDF (PDF Help)

Home Banking Company, Selmer, TN; FDIC-08-400k; in the amount of $25,000.00; Issued 6/2/09 - PDF (PDF Help)

Advanta Bank Corp., Draper, UT; FDIC-08-259b; FDIC-08-403k; Order to Cease and Desist, Order for Restitution and Order to Pay in the amount of $150,000.00; Issued 6/30/09 - PDF (PDF Help)

American Express Centurion Bank, Salt Lake City, UT; FDIC-09-215k; in the amount of $250,000.00; Issued 6/30/09 - PDF (PDF Help)

First Exchange Bank, Mannington, WV; FDIC-09-130k; in the amount of $8,225.00; Issued 6/19/09 - PDF (PDF Help)

Securant Bank & Trust, Menomonee Falls, WI; FDIC-08-283k; in the amount of $2,500.00; Issued 6/2/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8, 12 U.S.C. § 1818

(Written Agreement)

Michigan Commerce Bank, Ann Arbor, MI; Written Agreement; Issued 4/20/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 38, 12 U.S.C. § 1831(o)

(Prompt Corrective Actions)

Temecula Valley Bank, Temecula, CA; FDIC-09-280PCAS; Supervisory Prompt Corrective Action Directive; Issued 6/15/09 - PDF (PDF Help)

Security Bank of North Fulton, Alpharetta, GA; FDIC-09-310PCAP; Prompt Corrective Action Directive, Issued 6/30/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(p), 12 U.S.C. § 1831(p)

(Termination of Insurance)

National Motors Bank FSB, Fort Washington, PA; FDIC-08-407p; Issued 6/2/09 - PDF (PDF Help)

TERMINATIONS

Orders Terminating an Order to Cease and Desist

Columbus Bank and Trust Company, Columbus, GA; FDIC-08-033b; Issued 6/4/09 - PDF (PDF Help)

Southern Community Bank, Fayetteville, GA; now known as United Community Bank Blairsville, GA; FDIC-08-156b; Issued 6/24/09 - PDF (PDF Help)

American Southern Bank, Kennesaw, GA; FDIC-08-366b; Issued 6/30/09 - PDF (PDF Help)

Herrin Security Bank, Herrin, IL; FDIC-08-055b; Issued 6/16/09 - PDF (PDF Help)

Great Basin Bank of Nevada, Elko, NV; FDIC-09-095b; Issued 6/15/09 - PDF (PDF Help)

Israel Discount Bank of New York, New York, NY; FDIC-05-232b; Issued 6/3/09 - PDF (PDF Help)

Cooperative Bank, Wilmington, NC; now known as First Bank, Troy, NC; FDIC-09-053b; Issued 6/24/09 - PDF (PDF Help)

ADJUDICATED DECISION

Commonwealth Co-operative Bank, Boston, MA; FDIC-07-252e and FDIC-08-016k; Decision and Order to Prohibit From Further Participation against Brenda J. Vikre; Issued 6/23/09 - PDF (PDF Help)

# # #

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 8,246 banks and savings associations and 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-132-2009