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[¶12,234] In the Matter of Roger D. Dyson, Frances Slocum Bank and Trust Company,
Wabash, Indiana, Docket No. 04-071k (7-6-04).
Respondent agrees to pay civil money penalty assessed by the FDIC in
the amount of $5,000.
In the Matter of
ROGER D. DYSON,
individually, and as an institution-affiliated party of
FRANCES SLOCUM BANK AND TRUST COMPANY
WABASH, INDIANA
(Insured State Nonmember Bank)
now doing business as
FRANCES SLOCUM BANK AND TRUST COMPANY, NATIONAL ASSOCIATION
WABASH, INDIANA
ORDER TO PAY
FDIC-04-071k
Roger D. Dyson ("Respondent") and a representative of the
Legal Division of the Federal Deposit Insurance Corporation
("FDIC") executed a Stipulation and Consent to the issuance of an
Order to Pay ("CONSENT AGREEMENT") dated April 1, 2004, whereby
Respondent, solely for the purpose of this proceeding and without
admitting or denying any unsafe or unsound banking practices and
breaches of fiduciary duty for which civil money penalties may be
assessed, consented and agreed to pay a civil money penalty in the
amount specified below to the Treasury of the United States.
After taking into account the CONSENT AGREEMENT, the appropriateness of
the penalty with respect to the financial resources and good faith of
the Respondent, the gravity of the unsafe or unsound banking practices
and breaches of fiduciary duty by the Respondent, the history of
previous unsafe or unsound banking practices and breaches of fiduciary
duty by the Respondent, and such other matters as justice may require,
the FDIC accepts the CONSENT AGREEMENT and issues the following:
ORDER TO PAY
IT IS HEREBY ORDERED, that by reason of the violations set forth
in paragraph 3 of the CONSENT AGREEMENT, a penalty of five thousand
dollars ($5,000) be, and hereby is, assessed against the Respondent.
The Respondent shall pay the civil money penalty to the Treasury of the
United States.
IT IS FURTHER ORDERED that the Respondent is prohibited from seeking or
accepting indemnification from any insured depository institution for
the civil money penalty assessed and paid in this matter.
This Order to Pay shall be effective upon issuance.
Pursuant to delegated authority.
Dated this 6th day of July, 2004.
