FDIC Issues 57 Enforcement Actions Against Problem Banks In May

The FDIC issued 57 enforcement actions in May against various banks and individuals, down from 76 in April.  Among the enforcement actions issued were 10 consent orders, 11 civil money penalties, 1 prompt corrective action and 13 orders terminating consent orders. As explained in previous posts, various enforcement actions are taken depending on the severity […]

FDIC Enforcement Actions Issued On 32 Problem Banks – Is Your Bank On This List?

July 30, 2010 – The FDIC today released a list of orders of enforcement actions taken against banks and individuals.   A total of 29 cease and desist consent orders and 3 prompt corrective actions orders were issued. The Federal Deposit Insurance Corporation, the federal agency in charge of safeguarding the nation’s bank deposits, maintains a […]