Administrative Actions



The Division of Financial Institutions has posted for public comment a procedural rule related to exempt purchasing procedures pursuant to W. Va. Code 5A-1-12.  Comments will be accepted by email or regular mail until 5pm on February 10, 2021. 

 The Notice and rule may be found at this link:


Stipulation to the Issuance of a Consent Order

The First State Bank
Consent Order

The First State Bank

Cease and Desist Orders in Effect  
A Cease and Desist Order is a formal means by which the Commissioner can ensure that a Bank stops violating banking laws and regulations and thereby prevent the continuation of unsafe and unsound practices and procedures at the Bank. The Order typically requires a Bank to take specific steps, within a specific timeframe, to improve its operations. 

Order of Revocation

Ultralight FS,. Inc., formerly known as Obopay, Inc., also doing business as Obopay USA

Agreed Order

Agreed Order Carteret Mortgage Corporation

Cease and Desist Orders in Effect
Amerbank LLC / name changed to Dolare LLC
AMENDED Amerbank LLC/Dolare LLC