Skip navigation
Ensuring a Safe and Sound Federal Banking System for All Americans Site Map | Text Size: S M L

NR 1999-1
Contact: Frank D. Vance, Jr.
(202) 649-6870

OCC Announces 11 New Enforcement Actions and Three Terminations of Existing Actions

WASHINGTON, DC — The Office of the Comptroller of the Currency (OCC) today announced 11 new enforcement actions taken against national banks and three terminations of existing actions. The actions released today include three formal agreements, one civil money penalty and restitution by order of the Comptroller of the Currency, one prohibition by order of the Federal Reserve Board, six civil money penalties, and three terminations of existing enforcement actions.

A list of enforcement actions previously disclosed and copies of the actual documents are available from the OCC's Communications Division by writing to: Comptroller of the Currency, Public Information Room (1-5), Washington, DC 20219. Requests made by facsimile transmission should be sent to (202) 874-4448. Please include the identifying enforcement action number when placing an order. Enforcement actions are also listed monthly in OCC Interpretations and Actions. Subscriptions to that publication are available from the OCC's Communications Division.

The OCC also maintains a searchable database of all public enforcement actions taken since August 1989 on its Internet Web Site located at http://www.occ.treas.gov/enforce.htm.

Formal Agreement, by Consent
No. Bank/City Date
Colorado
98-72 Yampa Valley National Bank, Hayden 11/30/98
Texas
98-73 First National Bank of Littlefield, Littlefield 12/14/98
98-74 First National Bank of Rotan, Rotan 10/15/98
Restitution and Civil Money Penalty, by Order of the Comptroller of the Currency
No. Bank/City Date
California
98-75 Bank of the Desert, N.A., Indio 07/08/98
Prohibition, by Order of the Federal Reserve Board
No. Individual/Bank/City Date
Wisconsin
98-76 James J. Redemann, Evergreen Bank, N.A., Poy Sippi 11/30/98
Civil Money Penalties, by Consent
No. Individual/Bank/City Date
West Virginia
98-77 Terry L. Church, First National Bank of Keystone, Keystone 12/08/98
98-78 Julian G. Budnick, First National Bank of Keystone, Keystone 12/08/98
98-79 Michael F. Gibson, First National Bank of Keystone, Keystone 12/08/98
98-80 Billie J. Cherry, First National Bank of Keystone, Keystone 12/08/98
98-81 Andres L. Rago, First National Bank of Keystone, Keystone 12/08/98
98-82 Louis J. Pais, First National Bank of Keystone, Keystone 12/08/98
Terminations of Existing Enforcement Actions
No. Individual/Bank/City/Old EA# Date
California
98-83 Gold Country National Bank, Brownsville, (EA #98-54) 11/30/98
Ohio
98-84 The Community National Bank, Franklin, (EA #98-60) 12/15/98
Wisconsin
98-85 Citizens Bank, N.A., Shawano, (EA #95-23) 06/29/98
# # #