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October 23, 2002 (Attachment Revised 12/20/02)


To: The Chief Executive Officer
All Farm Credit System Institutions

From: Roland E. Smith, Director
Office of Examination

Subject: Orders and Notice of Removal, Suspension, or Prohibition


Attached is a list of individuals who have received Orders of Removal, Suspension, or Prohibition (Orders) issued by federal banking agencies. The Orders were issued by the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision. Additionally, the Farm Credit Administration (FCA) issued a Notice of Prohibition (Notice) which is listed in the attachment.

Any person who has been removed, suspended, or prohibited from taking part in the business of a federally insured depository institution may not take part in any manner in the business of any institution chartered under the Farm Credit Act of 1971, as amended, (Act) without prior approval by both the agency issuing the original Order and the FCA. Additionally, any person who has received a Notice from the FCA may not take part in any manner in the business of any institution chartered under the Act without prior approval by the FCA.

You are encouraged to keep a copy of this list so you may independently verify who is precluded from serving in your institution. The attached is not a complete list; therefore, you should consult the Federal banking agencies listed above or their Web sites to determine if a person is subject to an Order. If you have any questions about this document, please call Thomas J. Holland, Director, Special Examination and Supervision Division, Office of Examination, at (703) 883-4483, or write to him on the Internet at e-mail address hollandt@fca.gov.

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