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OCC enforcement actions announced

The OCC has released new enforcement actions against its supervised institutions and individuals currently or formerly associates with its supervised institutions.

Formal Agreements were made with United Trust Bank, Palos Heights, Illinois, and Texas Citizens Bank, National Association, Pasadena, Texas.

A Decision on Entry of Default and Order of Prohibition was issued to Walter F. Mills, former personal banking representative at Santander Bank, N.A., Wilmington, Delaware. The OCC found that, between March 2012 and February 2014, Mills made or directed at least 17 withdrawals totaling $46,027 on the bank's customers' accounts that were neither requested nor authorized by the customers, and deposited or attempted to deposit the proceeds of the withdrawals in his personal account at another bank.

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