trending Market Intelligence /marketintelligence/en/news-insights/trending/f81YMS8lz9zvNNXgPsFGDQ2 content esgSubNav
In This List

OCC releases latest enforcement actions


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

OCC releases latest enforcement actions

The OCC on July15 announced a number of enforcement actions in the banking sector.

The following list excludes actions previously covered by SNLand those that do not meet criteria for news coverage. Click hereto view SNL's full database of enforcement actions against U.S. banks and thrifts.

Formal agreement

Palisade, Colo.-based ColoradoNational Bank, a unit of ColoradoNational Bancorp, on May 31.

Notices filed

William McKinnon, former senior vice president and commercialreal estate loan officer, and Kenneth Pomeroy, former corporate banking executivefor the Florida market of the failed Birmingham, Ala.-based Superior Bank, on June 24. The bank was by regulators in 2011, with Houston-basedCadence Bancorp LLC (thencalled Community Bancorp LLC) agreeing to assume the deposits and purchase "essentiallyall" the assets of the failed entity.

Archie Overby, former chairman, president and CEO of Waupaca,Wis.-based First National Bank,a unit of Waupaca Bancorp. Inc.,on June 30.

Terminations of existing enforcement actions

A formal agreement and a capital directive against Denver-basedNative American Bank NA,a unit of Native American Bancorp.Co., on May 18.

Formal agreement against Greenwood Village, Colo.-based , aunit of Silver Queen Financial ServicesInc. on July 8.

Formal agreement against Bronx, N.Y.-based Ponce De Leon Federal Bank on May 25.

Cease and desist order against Cincinnati-based , a unit of , on June 21.