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GREENE COUNTY BANK v. F.D.I.C.

No. 95-3346.

92 F.3d 633 (1996)

The GREENE COUNTY BANK, Petitioner, v. FEDERAL DEPOSIT INSURANCE CORP., Respondent.

United States Court of Appeals, Eighth Circuit.

Decided August 7, 1996.

Attorney(s) appearing for the Case

Charles W. German, argued, Kansas City, MO (Brant M. Laue, on the brief), for appellant.

Thomas L. Holzman, argued, Washington, DC, for appellee.

Before MORRIS SHEPPARD ARNOLD and MURPHY, Circuit Judges, and JACKSON, District Judge.

JACKSON, District Judge.

The Greene County Bank appeals a cease and desist order issued by the Board of Directors of the Federal Deposit Insurance Corporation ("FDIC"). The order requires the Bank to comply with a February 12, 1992 Memorandum of Understanding ("MOU") regarding certain activities in the futures and securities markets, and was prompted by the alleged failure of the Bank to comply with the MOU. The Bank attacks the order as not

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