The FDIC announced December 28, 2009 in a
press release, that the Security Bank of Rich Hill had agreed to a fine of $4,000.
Not that long ago, The Security Bank of Rich Hill took over the troubled Hume Bank. More recently the former president of the now defunct Hume Bank was
indicted for fraud. I have added the document below for you to download.
It doesn't really appear that they got caught with their hand in the cookie jar, just more like the forgot to cross a couple T's and dot a couple of I's on some damn government form.
Probably just easier to pay off the government thugs than make a big deal about it.
ORDER TO PAY CIVIL MONEY PENALTY
IT IS HEREBY ORDERED that the Bank be, and hereby is, assessed a civil money penalty of $4,000 pursuant to section 8(i)(2) of the Act, 12 U.S.C. § 1818(i)(2), the receipt of which is hereby acknowledged.
Pursuant to delegated authority.
Dated this 17th day of November, 2009.
_______________/s/________________
Robert J. Carmona
Deputy Regional Director
Kansas City Regional Office
