National bank regulator issues November report of enforcement actions

Separate civil money penalties (CMPs) totaling $243,000 were assessed on five individuals by the Office of the Comptroller of the Currency (OCC), as reported earlier this month; the national bank regulator also reported it took seven more actions, including termination of an existing enforcement action.

In its November report on enforcement actions and termination, the OCC reported the largest CMP assessed was for $125,000 against Michael McCarthy of First National Bank in Edinburg, Texas. The bank was closed by the agency in September 2013. According to the OCC consent order, McCarthy “engaged in reckless unsafe or unsound practices, breached his fiduciary duty” and violated cease-and-desist orders.

“These practices, breaches, and violations were part of a pattern of misconduct, caused loss to the Bank, and caused prejudice to the interests of the Bank depositors. Further, Respondent’s misconduct involved personal dishonesty and demonstrated willful and continuing disregard for the safety and soundness of the Bank,” the order states.

Two others from the closed bank — Eduardo Leal and Robert Gandy III – were also assessed CMPs, for $3,000 and $75,000, respectively. Additionally, Leal was given a “cease and desist” order, requiring him to present to any future employer at a financial institution a certificate indicating he has agreed to comply with all “laws, regulations, and policies applicable to any insured depository institution with which he is affiliated,” among other things.

McCarthy and Gandy, however, were presented with orders of prohibition, banning them from voting in or taking part in the decisions of federally insured financial institutions (unless they obtain a waiver from the regulator).

Others given prohibition orders included: Karen Kirkland, The Citizens National Bank of Lebanon, Lebanon, Ky.; Shelly M. Skenzich, The First National Bank of Gilbert, Gilbert, Minn.; Mark B. Jordan, The Citizens National Bank of Meridian, Meridian, Miss.

Also, a termination of an existing enforcement action (a cease and desist) was also issued for Grand Bank, National Association, of Hamilton, N.J.

OCC Enforcement Actions and Terminations for November 2017


OCC Enforcement Actions and Terminations

Enforcement actions (and terminations of actions) taken against national banks, federal savings associations, and individuals currently and formerly affiliated with national banks and federal savings associations. Use the arrows to the right of each column header to sort in ascending/descending orders; use the "search" pane to list entries by specific terms (e.g., "Civil Money Penalty Order.") Expand the number of entries shown by using the drop-down selection below (e.g., increase entries shown from three to 10, etc.)
Order/action typeStateNo.Name/Bank/CityDateReported
ACTION TYPESTATENUMBERName/Bank/CityDATEREPORTED
Terminations of Existing Enforcement ActionsNew Jersey2017-093C&D , Grand Bank, National Association, Hamilton  (EA# 2015-123)September 20, 201711/16/2017
Civil Money Penalty OrderMississippi2017-087First FS & LA, PascagoulaOctober 31, 201711/16/2017
Removal / Prohibition OrdersMississippi2017-092Mark B. Jordan, The Citizens National Bank of Meridian, MeridianOctober 26, 201711/16/2017
Civil Money Penalty OrderTexas2017-088Robert Gandy, III, First National Bank, EdinburgOctober 25, 201711/16/2017
Civil Money Penalty OrderTexas2017-089Eduardo Leal, First National Bank, EdinburgOctober 25, 201711/16/2017
Civil Money Penalty OrderTexas2017-090Michael McCarthy, First National Bank, EdinburgOctober 25, 201711/16/2017
Personal Cease and Desist OrdersTexas2017-089Eduardo Leal, First National Bank, EdinburgOctober 25, 201711/16/2017
Removal / Prohibition OrdersTexas2017-088Robert Gandy, III, First National Bank, EdinburgOctober 25, 201711/16/2017
Removal / Prohibition OrdersTexas2017-090Michael McCarthy, First National Bank, EdinburgOctober 25, 201711/16/2017
Civil Money Penalty OrderKentucky2017-086Karen Kirkland, The Citizens National Bank of Lebanon, LebanonOctober 5, 201711/16/2017
Removal / Prohibition OrdersKentucky2017-086Karen Kirkland, The Citizens National Bank of Lebanon, LebanonOctober 5, 201711/16/2017
Removal / Prohibition OrdersMinnesota2017-091Shelly M. Skenzich, The First National Bank of Gilbert, GilbertOctober 4, 201711/16/2017
Removal / Prohibition OrdersOhio2018-001Taylor Mitchell, U.S. Bank National Association, CincinnatiJanuary 3, 201801/19/2018
Civil Money Penalty OrderSouth Dakota2017-104Citibank, National Association, Sioux FallsDecember 27, 201701/19/2018
Terminations of Existing Enforcement ActionsUtah2017-108C&D , American Express Bank, FSB, Salt Lake City  (EA# 2013-189)December 18, 201701/19/2018
Civil Money Penalty OrderMissouri2017-105Mark Perkins, First Community National Bank, CubaDecember 12, 201701/19/2018
Personal Cease and Desist OrdersMissouri2017-105Mark Perkins, First Community National Bank, CubaDecember 12, 201701/19/2018
Personal Cease and Desist OrdersMissouri2017-106Robert Ringsdorf, Boulevard Bank, NeoshoDecember 7, 201701/19/2018
Prompt Corrective Action DirectivesIllinois2017-109Washington Federal Bank For Savings, ChicagoDecember 7, 201701/19/2018
Terminations of Existing Enforcement ActionsKentucky2017-107FA, Blue Grass FS & LA, Paris  (EA# 2016-021)December 6, 201701/19/2018
Civil Money Penalty OrderTexas2017-075Dwayne Bair, First National Bank, Edinburg10/02/201710/19/2017
Civil Money Penalty OrderTexas 2017-076Oscar Garza, Jr., First National Bank, Edinburg10/02/201710/19/2017
Civil Money Penalty OrderTexas2017-077Arcadio Guerra, First National Bank, Edinburg10/02/201710/19/2017
Civil Money Penalty OrderTexas2017-078Jack McClelland, First National Bank, Edinburg10/02/201710/19/2017
Personal Cease and Desist OrderTexas2017-075Dwayne Bair, First National Bank, Edinburg10/02/201710/19/2017
Personal Cease and Desist OrderTexas2017-076Oscar Garza, Jr., First National Bank, Edinburg10/02/201710/19/2017
Personal Cease and Desist OrderTexas2017-077Arcadio Guerra, First National Bank, Edinburg10/02/201710/19/2017
Personal Cease and Desist OrderTexas2017-078Jack McClelland, First National Bank, Edinburg10/02/201710/19/2017
Removal / Prohibition OrderNebraska2017-080Dana Corday, First National Bank of Omaha, Omaha09/28/201710/19/2017
Notices filedTexasN17-003Saul Ortega, First National Bank, Edinburg09/25/201710/19/2017
Notices filedTexasN17-003David Rogers, Jr., First National Bank, Edinburg09/25/201710/19/2017
Terminations of Existing Enforcement ActionGeorgia2017-082C&D, First National Bank of Griffin, Griffin (EA# 2009-187)09/19/201710/19/2017
Terminations of Existing Enforcement ActionKentucky2017-084C&D, Citizens Commerce National Bank, Versailles (EA# 2010-072)09/12/201710/19/2017
Removal / Prohibition OrderKansas2017-079Ashley Blacketer, Exchange National Bank & Trust Co., Atchison09/08/201710/19/2017
Removal / Prohibition OrderSouth Dakota2017-081Shawna L. Swain, Wells Fargo Bank, National Association, Sioux Falls09/07/201710/19/2017
Terminations of Existing Enforcement ActionOhio2017-085C&D, JPMorgan Chase Bank, National Association, Columbus (EA# 2013-138)09/07/201710/19/2017
Civil Money Penalty OrderIllinois2017-074Edward Fitzgerald, The National Republic Bank of Chicago, Chicago09/06/201710/19/2017
Removal / Prohibition OrderIllinois2017-074Edward Fitzgerald, The National Republic Bank of Chicago, Chicago09/06/201710/19/2017
Terminations of Existing Enforcement ActionIllinois2017-083C&D, First National Bank of Brookfield, Brookfield (EA# 2010-241)08/31/201710/19/2017
Removal / Prohibition OrderSouth Dakota2017-069Jenai J. Johnson, Wells Fargo Bank, National Association, Sioux Falls08/24/1709/17/2017
Removal / Prohibition OrderSouth Dakota2017-070Daksha Laxman, Wells Fargo Bank, National Association, Sioux Falls08/24/1709/17/2017
Restitution OrderMissouri2017-069Jenai J. Johnson, Wells Fargo Bank, National Association, Sioux Falls08/24/1709/17/2017
Terminations of Existing Enforcement ActionRhode Island2017-071FA, Citizens Bank, National Association, Providence (EA# 2014-060)08/18/1709/17/2017
Terminations of Existing Enforcement ActionRhode Island2017-072C&D, Rbs Citizens, National Association, Providence (EA# 2015-088)08/18/1709/17/2017
Removal / Prohibition OrderOhio2017-067Samuel Marquez, U.S. Bank National Association, Cincinnati08/17/1709/17/2017
Civil Money Penalty OrderOhio2017-065U.S. Bank National Association, Cincinnati08/16/1709/17/2017
Personal Cease and Desist OrderArkansas2017-066Wilson Daniels Bynum, One Bank & Trust, National Association, Little Rock08/9/1709/17/2017
Removal / Prohibition OrderSouth Dakota2017-068Anne-Marie Drexel, Wells Fargo Bank, National Association, Sioux Falls08/9/1709/17/2017
Civil Money Penalty OrderGeorgia2017-064William R. Blanton, United Americas Bank, National Association, Atlanta (Appeal docketed, No. 17-1188 (DC Cir., August 8, 2017)07/10/1709/17/2017
Order/action typeStateNo.Name/Bank/CityDate
Civil Money Penalty OrderTexas2017-075Dwayne Bair, First National Bank, Edinburg10/02/2017
Civil Money Penalty OrderTexas2017-076Oscar Garza, Jr., First National Bank, Edinburg10/02/2017
Civil Money Penalty OrderTexas2017-077Arcadio Guerra, First National Bank, Edinburg10/02/2017
Civil Money Penalty OrderTexas2017-078Jack McClelland, First National Bank, Edinburg10/02/2017
Personal Cease and Desist OrderTexas2017-075Dwayne Bair, First National Bank, Edinburg10/02/2017
Personal Cease and Desist OrderTexas2017-076Oscar Garza, Jr., First National Bank, Edinburg10/02/2017
Personal Cease and Desist OrderTexas2017-077Arcadio Guerra, First National Bank, Edinburg10/02/2017
Personal Cease and Desist OrderTexas2017-078Jack McClelland, First National Bank, Edinburg10/02/2017
Removal / Prohibition OrderNebraska2017-080Dana Corday, First National Bank of Omaha, Omaha09/28/2017
Notices filedTexasN17-003Saul Ortega, First National Bank, Edinburg09/25/2017
Notices filedTexasN17-003David Rogers, Jr., First National Bank, Edinburg09/25/2017
Terminations of Existing Enforcement ActionGeorgia2017-082C&D, First National Bank of Griffin, Griffin (EA# 2009-187)09/19/2017
Terminations of Existing Enforcement ActionKentucky2017-084C&D, Citizens Commerce National Bank, Versailles (EA# 2010-072)09/12/2017
Removal / Prohibition OrderKansas2017-079Ashley Blacketer, Exchange National Bank & Trust Co., Atchison09/08/2017
Removal / Prohibition OrderSouth Dakota2017-081Shawna L. Swain, Wells Fargo Bank, National Association, Sioux Falls09/07/2017
Terminations of Existing Enforcement ActionOhio2017-085C&D, JPMorgan Chase Bank, National Association, Columbus (EA# 2013-138)09/07/2017
Civil Money Penalty OrderIllinois2017-074Edward Fitzgerald, The National Republic Bank of Chicago, Chicago09/06/2017
Removal / Prohibition OrderIllinois2017-074Edward Fitzgerald, The National Republic Bank of Chicago, Chicago09/06/2017
Terminations of Existing Enforcement ActionIllinois2017-083C&D, First National Bank of Brookfield, Brookfield (EA# 2010-241)08/31/2017

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