Office of Thrift Supervision

OTS Releases September Enforcement Statistics

WASHINGTON, D.C., Nov. 1, 2000 – The Office of Thrift Supervision (OTS) reported today that it completed seven enforcement actions during the month of September 2000.

For the month of September there were:

• 3 supervisory agreements
• 2 removal and/or prohibitions
• 2 cease and desist orders

	NE	SE	Central	Midwest	West	Total
Removal and/or Prohibition	0	0	0	2	0	2
Cease and Desist Order	0	0	0	2	0	2
Prompt Corrective Action	0	0	0	0	0	0
Supervisory Agreement	1	0	0	1	1	3
Civil Money Penalties	0	0	0	0	0	0
Total	1	0	0	5	1	7

The following orders were issued in September:

1. Waymona Lisa Bess, former employee and institution-affiliated party, Commercial Federal Bank, A FSB, Omaha, Neb., stipulation and consent to the issuance of an order of prohibition, and an order to cease and desist for affirmative relief, dated September 11, 2000.
2. Abby D. Boose, former employee and institution-affiliated party, Capitol Federal Savings Bank, Topeka, Kan., stipulation and consent to the issuance of an order of prohibition, and an order to cease and desist for affirmative relief, dated September 22, 2000.
3. Life Bank, Riverside, Calif., supervisory agreement, dated September 25, 2000.
4. Prestige Bank, A Federal Savings Association, Pittsburgh, Pa., supervisory agreement, dated September 20, 2000.
5. First Federal Savings Bank, Bryan, Texas, supervisory agreement, dated September 22, 2000.

The Office of Thrift Supervision (OTS), a bureau 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: Friday, 11/17/2000