OCC Enforcement Actions and Terminations for May 2018

WASHINGTON -- The Office of the Comptroller of the Currency (OCC) today released new enforcement actions taken against national banks, federal savings associations, and individuals currently and formerly affiliated with national banks and federal savings associations.

All Cease and Desist Orders, Civil Money Penalty Orders, and Removal/Prohibition Orders are issued with the consent of the parties, unless otherwise indicated as a Decision and Order issued by the Comptroller of the Currency.

Copies of the final actions are available for download by viewing the searchable database of all public enforcement actions taken since August 1989 at http://apps.occ.gov/EnforcementActions/.

View the current final actions by selecting the enforcement action below. You may also submit a request electronically to obtain copies through the OCC's online FOIA site, https://occ.secureocp.com/ or by writing to the Comptroller of the Currency, Communications Division, Suite 3E-218, Washington, DC 20219. When ordering, please specify the appropriate enforcement action number.

Cease and Desist Orders

No. Name/Bank/City Date

South Dakota

2018-025 Wells Fargo Bank, National Association, Sioux Falls 4/20/2018

Civil Money Penalty Orders

No. Name/Bank/City Date

California

2018-027 Janice Hall, Merchants Bank of California, National Association, Carson 4/26/2018

2018-028 Daniel Roberts, Merchants Bank of California, National Association, Carson 4/10/2018

2018-029 Rodrigo Garza, Merchants Bank of California, National Association, Carson 4/16/2018

Delaware

2018-030 PNC Bank, National Association, Wilmington 5/1/2018

2018-031 PNC Bank, National Association, Wilmington 5/1/2018

New York

2018-032 Gerald N. Jacobowitz, Hometown Bank of The Hudson Valley, Walden 4/25/2018

South Dakota

2018-026 Wells Fargo Bank, National Association, Sioux Falls 4/20/2018

Formal Agreements

No. Name/Bank/City Date

Kansas

2018-033 The First National Bank of Sedan, Sedan 4/17/2018

Notices Filed

No. Name/Bank/City Date

California

N18-002 Laura Akahoshi, Rabobank, National Association, Roseville 4/16/2018

Removal / Prohibition Orders

No. Name/Bank/City Date

California

2018-028 Daniel Roberts, Merchants Bank of California, National Association, Carson 4/10/2018

2018-029 Rodrigo Garza, Merchants Bank of California, National Association, Carson 4/16/2018

Delaware

2018-034 Christine Granado, Santander Bank, National Association, Wilmington 4/3/2018