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FDIC Cites 30 Banks For “Unsafe or Unsound” Banking Practices

August 27, 2010 By Bill Zielinski 5 Comments

August 27, 2010 – The FDIC today released a list of orders of administrative enforcement actions taken against banks, including 30 cease and desist consent orders. A cease and desist order is issued when the FDIC has “determined that it had reason to believe that the Bank engaged in unsafe or unsound banking practices and […]

Filed Under: Banking News, Cease and Desist Orders, FDIC, Problem Bank List, problem banks Tagged With: 30 banks issued cease and desist orders, FDIC cites 30 banks as unsafe and unsound, is your bank on this list?

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