Release Date: October 12, 2006
For immediate release
The Federal Reserve Board on Thursday announced the issuance of a consent Order of Assessment of Civil Money Penalty against John Price, a former Senior Vice-President of the former Gold Bank, Leawood, Kansas.
Mr. Price, without admitting to any allegations, consented to the issuance of the Order, which was based on his alleged unsafe and unsound practices in connection with the record-keeping at Gold Bank, and agreed to pay a civil money penalty in the amount of $5,000.
A copy of the Order is attached.