Federal Reserve Board issues enforcement actions with Wintrust Financial Corporation and former employee of OakStar Bank and announces termination of enforcement action with FCB Financial Corporation

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Federal Reserve
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February 28, 2019

Federal Reserve Board issues enforcement actions with Wintrust Financial Corporation and former employee of OakStar Bank and announces termination of enforcement action with FCB Financial Corporation

For release at 11:00 a.m. EST

The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below:

Wintrust Financial Corporation, Rosemont, Illinois
Consent order, civil money penalty for internal control deficiencies that resulted in unsafe or unsound practices dated February 25, 2019

Consent prohibition against Caleb T. Jones, former employee of OakStar Bank, Springfield, Missouri, for obtaining a loan under false pretenses dated February 27, 2019

The Federal Reserve Board also announced the termination of the enforcement action listed below:

FCB Financial Corporation, Savannah, Georgia
Written Agreement dated November 12, 2010 (PDF)
Terminated February 26, 2019

Additional enforcement actions can be searched for here.

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Last Update: February 28, 2019