Skip to Content

Press Release
July Enforcement Actions

August 31, 2009

New York N.Y.: The New York State Banking Department today released information on administrative enforcement actions issued against banks in July.

There was one cease and desist order issued against LibertyPointe Bank on July 16, 2009 for unsafe and unsound practices. To view a copy of the order, visit

The New York State Banking Department is the regulator for all state-chartered banking institutions, virtually all of the United States offices of international banking institutions, all of the State’s mortgage brokers, mortgage bankers, check cashers, money transmitters and budget planners. The aggregate assets of the depository institutions supervised by the Banking Department are more than $2.4 trillion.

In addition to regulating banking institutions, the Banking Department is active in informing and educating all New Yorkers on banking matters. To contact the Banking Department, please call 1-877-BANK-NYS or visit our Web site at


Link to DFS Portal

About DFS

Contact DFS

Reports & Publications


Laws and Regs

Connect With DFS

DFS Facebook page

Follow NYDFS on Twitter