Office of Thrift Supervision

------------------------------------------------------------------------------------------
FOR RELEASE at 11:30 P.M. EDT For further information
Monday, October 23, 2000 Contact: Ella P. Allen
OTS 00-87 202/906-6924

OTS Releases August Enforcement Statistics

WASHINGTON, D.C., Oct. 23, 2000 – The Office of Thrift Supervision (OTS) reported today that it completed nine enforcement actions during the month of August 2000.

For the month of August there were:

Distribution among the five OTS regions was as follows:

NE SE Central Midwest West Total
Removal and/or Prohibition  0  1    0    4   0    5
Cease and Desist Order  0  0    0    0   0    0
Prompt Corrective Action  0  0    0    0   0    0
Supervisory Agreement  0  1    1    1   0    3
Civil Money Penalties  0  0    0    0   0    0
Total  0  2    1    5   0    8

The following orders were issued in August:

  1. Marcus R. Clark, former senior vice president and chairman of the board of directors, Collman Savings Bank, Collman, Ala., stipulation and consent to the issuance of an order of prohibition, dated August 2, 2000.
  2. Janyce Kuecker, former assistant vice president and institution-affiliated party, Cuero Federal Savings and Loan Association, Cuero, Texas, stipulation and consent to entry of an order of prohibition, dated August 4, 2000.
  3. Juanita Causey, former employee, Bank United of Texas, FSB, Houston, Texas, termination of order of prohibition of June 24, 1994, effective August 21, 2000.
  4. First FS&LA of Bucyrus, Bucyrus, Ohio, supervisory agreement, dated August 4, 2000.
  5. Jason Pleggenkuhle, former employee and institution-affiliated party, Commercial Federal Bank, A FSB, Omaha, Neb., stipulation and consent to entry of an order of prohibition, dated August 21, 1000.
  6. Chase M. Hughes, former employee and institution-affiliated party, Commercial Federal Bank, A FSB, Omaha, Neb., stipulation and consent to entry of an order of prohibition, dated August 21, 2000.
  7. Angela R. Austin-Jackson, former employee and institution-affiliated party, Heartland Bank, St. Louis, Mo., dated August 21, 2000.
  8. Sally M. Reynosa, former employee and institution-affiliated party, Glendale Federal Bank, a Federal Savings Bank, Glendale, Calif., modified consent order of prohibition, dated August 25, 2000.
  9. New Republic Savings Bank, Rocky Mount, N.C., supervisory agreement, dated August 31, 2000.

    ###

    The Office of Thrift Supervision (OTS), an office of the U.S. Treasury, regulates and supervises the nation's thrift industry. OTS's mission is to ensure the safety and soundness of thrift institutions and to support their role as home mortgage lenders and providers of other community credit and financial services. For copies of news releases or other documents visit the OTS web page at www.ots.treas.gov.


    Created: Monday, 10/23/2000