For, as the fifteen page document says, “the unsafe or unsound banking practices and violations of law and/or regulations alleged to have been committed by the Bank…”  An interesting read at http://www.fdic.gov/bank/individual/enforcement/2009-01-04.pdf

First Commerce Community Bank was also issued the same order for the same reason.  Their document can be found at http://www.fdic.gov/bank/individual/enforcement/2009-01-05.pdf

This isn’t the first time Douglas County Bank has been in hot water.  The FDIC issued a removal and prohibition order against what looks to be an employee in August of 2004.  This employee engaged in what the FDIC says was “unsafe or unsound banking practices.”  The document, which can be found here, says the bank suffered financial loss or damage.

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