The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in January. No administrative hearings are scheduled for March.

The FDIC processed a total of eight orders in January. These included four cease-and-desist orders, one civil money penalty order, two terminations of cease-and-desist orders, and one adjudicated decision.

Copies of the orders referred to above can be obtained from or inspected at the FDIC’s Public Information Center, 801 17th Street, N.W., Room 100, Washington, D.C. (telephone 202-416-6940 or 877-275-3342). The orders will also be made available online within a week of the issuance of this news release. To view the orders online, visit the FDIC’s Web page at http://www.fdic.gov/bank/individual/enforcement/index.html. A list of orders made public today follows.

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation’s banking system. The FDIC insures deposits at the nation’s 9,182 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov and may also be obtained through the FDIC’s Public Information Center (877-275-3342 or 202-416-6940).