OCC Banking Enforcement Actions 8-27-2012 to 10-1-2012

Cease and Desist Orders District Of Columbia 2012-214 Independence Federal Savings Bank, Washington 8/27/2012 Montana 2012-215 Bank of The Rockies, National Association, White Sulphur Springs 8/30/2012 Utah 2012-212 American Express Bank, FSB, Salt Lake City 10/1/2012 Civil Money Penalty Orders Arkansas 2012-216 Marvin Sutterfield, Ozark Heritage Bank, National Association, Mountain View 8/10/2012 Utah 2012-213 American … Read more

Bank Enforcement Actions – 9-21-2012

Bank Cease and Desist Orders Alabama 2012-182 Southfirst Bank, Sylacauga 8/15/2012 Florida 2012-183 Home Federal Bank of Hollywood, Hallandale Beach 7/27/2012 2012-184 Atlantic Coast Bank, Jacksonville 8/10/2012 Illinois 2012-185 United Trust Bank, Palos Heights 8/15/2012 Kentucky 2012-186 The Farmers National Bank of Cynthiana, Cynthiana 8/22/2012 Civil Money Penalty Orders Texas 2012-187 Milton Yang, Golden Bank, … Read more

Savannah Man Faces A Potential 750 Years In Prison For Bank Fraud

Savannah, Georgia resident Richard Guerard was indicted by a federal jury on charged that he defrauded over $1 million from First National Bank and other banks between 2007 and 2009. Allegedly, in 2007 Guerard worked as a real estate developer acting on behalf of two businesses and entered into loan agreements with First National Bank … Read more