MIL-OSI USA: Press Release: FDIC Issues Enforcement Orders for April 2025

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today published a list of administrative enforcement orders taken against banks and individuals, including two decisions and orders that were inadvertently omitted previously. There are no administrative hearings scheduled for June 2025.

Amended and Restated Consent Order, Order for Restitution and Order to Pay:

• Discover Bank; Wilmington, DE (Docket No.: FDIC-23-0014b, FDIC-24-0130b, FDIC-24-0102k)

Order of Prohibition from Further Participation and Order for Restitution:

• Truist Bank; Charlotte, NC (Docket Nos.: FDIC-24-0088e, FDIC-24-0089b)

Orders of Prohibition from Further Participation:

• EvaBank; Eva, AL (Docket No.: FDIC-24-0085e)
• First Financial Bank in Winnebago; Winnebago, MN (Docket No.: FDIC-24-0114e)

Consent Orders:

• Hatch Bank; San Marcos, CA (Docket No.: FDIC-24-0062b)
• Cheyenne State Bank; Cheyenne, WY (Docket No.: FDIC-25-0048b)

Orders Terminating Consent Order:

• Forbright Bank; Potomac, MD (Docket No.: FDIC-22-0152b)
• Herring Bank; Amarillo, TX (Docket No.: FDIC-23-0036b)
• Forbright Bank; Potomac, MD (Docket No.: FDIC-23-0125b)

Orders to Pay Civil Money Penalties:

• Waterman Bank; Waterman, IL (Docket No.: FDIC-24-0092k)
• Oakwood Bank; Pigeon Falls, WI (Docket No.: FDIC-24-0123k)
• Forbright Bank; Potomac, MD (Docket No.: FDIC-25-0034k)

Decisions and Orders on Denying Motion for Interlocutory Review:

• Independence Bank; East Greenwich, RI (Docket Nos.: FDIC-22-0109e, et al):  August 15, 2024
• Independence Bank; East Greenwich, RI (Docket Nos.: FDIC-22-0109e, et al):  October 10, 2024

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