FDIC Makes Public April 2019 Enforcement Actions
May 31, 2019 / Source: FDIC
FDIC Makes Public April Enforcement Actions;
No Administrative Hearings Scheduled for June 2019
FOR IMMEDIATE RELEASE
May 31, 2019
The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in April. There are no administrative hearings scheduled for June 2019.
The FDIC issued a total of 17 orders. The administrative enforcement actions in those orders consisted of two consent orders; three terminations of consent orders; five Section 19 orders; three removal and prohibition orders; and four orders to pay civil money penalty.
To view orders, adjudicated decisions and notices online, please visit the FDIC's Web page by clicking the link below.
April 2019 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, 5.362 as of March 31, 2019. 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-45-2019