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thepennyking

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thepennyking

Re: None

Sunday, 04/04/2004 4:42:44 PM

Sunday, April 04, 2004 4:42:44 PM

Post# of 7479
FDIC Issues Removal And Prohibition Order Against Former South Dakota Banker

FOR IMMEDIATE RELEASE
PR-31-2004 (3-30-2004) Media Contact:
Frank Gresock 202-898-6634

The Federal Deposit Insurance Corporation (FDIC) has issued a removal and prohibition order against Bryan M. Plack. Plack was a branch manager of Security Bank, Madison, SD.

Plack consented to the order without admitting or denying culpability. The FDIC's action is based on allegations that Plack made fictitious loans and falsified bank records.

Plack is prohibited from further participation in the banking industry without FDIC approval.

http://www.fdic.gov/bank/individual/enforcement/NewOrders/03-177e.html

http://www.fdic.gov/news/news/press/2004/pr3104.html

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