FDIC Issues 42 Enforcement Actions Against Problem Banks In January

The FDIC posted today the list of enforcement actions taken in January 2012 against problem banks.  A total of 42 enforcements actions were taken in January compared to 57 in December. Enforcement actions for January included 13 consent orders, 11 civil money penalties, 5 prompt corrective actions and 7 orders to terminate consent orders and […]

FDIC Issues 57 Enforcement Actions Against Problem Banks In December

The FDIC issued 57 enforcement actions against banks in December 2011, down from 72 in November. The December enforcement actions included 9 consent orders, 19 civil money penalties, 4 prompt corrective actions, 3 voluntary terminations of insurance, 12 removal and prohibition orders and 10 orders terminating previous consent orders and cease and desist orders. A […]

FDIC Issues 72 Enforcement Actions Against Problem Banks In November

The FDIC issued a total of 72 enforcement actions against banks in November 2011, down slightly from 75 in October. Included in the November enforcement actions were 9 civil money penalties, 1 prompt corrective action and 13 consent orders.  The FDIC also terminated 37 consent orders and prompt corrective action directives due to either the […]

FDIC Issues 56 Enforcement Actions In September

A total of 56 administrative enforcement actions were taken by the FDIC against problem banks in September, up from 53 in August. The most serious September enforcement actions taken by the FDIC included 10 consent orders, 3 prompt corrective actions and 16 civil money penalties.  Please see the complete list of enforcement actions taken below. […]

FDIC Issues 53 August Enforcement Actions On Problem Banks

The FDIC issued a list of 53 administrative enforcement actions taken in August against problem banks and individuals. Among the enforcement actions issued were 11 consent orders, 14 civil money penalties, 1 prompt corrective action and 17 orders terminating previous prompt corrective action directives, consent orders and cease and desist orders.   Please see complete list […]

FDIC Issues 53 Enforcement Actions To Problem Banks In July

The FDIC had another busy month dealing with problem banks in July.  A total of 53 enforcement actions were taken against individuals and banks in July.  Included in the July enforcement actions were 11 consent orders, 2 prompt corrective actions, 11 terminations of previous actions and 19 civil money penalties. Formal enforcement actions by regulators […]

FDIC Issues 76 Enforcement Actions In April Against Problem Banks

The FDIC issued 76 enforcements actions in April against individuals and problem banks, down slightly from 87 in March.  Included in the enforcement actions were 8 removal and prohibition orders, 4 prompt corrective actions, 21 consent orders, 21 civil money penalties, 1 modification order and 20 orders terminating consent orders or prompt correction directives and […]

FDIC Issues 87 Enforcement Actions Against Banks

The FDIC issued 87 enforcement actions against problem banks and individuals in March, up from 60 in February.  The administrative enforcement actions processed included 22 consent orders, 15 civil money penalties and 6 prompt corrective actions. Regulatory enforcement actions are issued to address serious deficiencies or when regulators have doubts about an institution’s ability to […]

FDIC Issues 60 Enforcement Actions To Problem Banks In February

The FDIC issued 60 enforcement actions against problem banks in February, down slightly from 61 in January.  Among the more serious administrative enforcement actions processed were 22 consent orders, 13 civil money penalties and 7 prompt corrective actions. The FDIC and other regulators use enforcement actions to address serious deficiencies and when there is regulatory […]

FDIC Issues 61 January Enforcement Actions On Problem Banks

During January 2011, the FDIC issued another slew of enforcement actions against problem banks including 24 consent orders, 4 removal and prohibition orders, 20 civil money penalties, 2 prompt corrective actions and 11 orders terminating consent orders or prompt corrective directives. Formal enforcement actions are publicly disclosed by regulators and used to address severe deficiencies […]