Waupaca County Post

Top Menu

  • Contact Us
  • Advertise
  • Advertiser Index
  • Subscribe
  • E-Editions
    • Clintonville Shoppers Guide
    • Clintonville Tribune Gazette
    • New London Buyers Guide
    • New London Press Star
    • Waupaca Buyers Guide
    • Waupaca County Post

Main Menu

  • Home
  • News
    • Video
    • Clintonville News
    • Hortonville News
    • Iola-Scandi News
    • Manawa News
    • New London News
    • Waupaca News
    • Wega-Fremont News
    • Business
  • Covid 19
  • Sports
    • Clintonville Sports
    • Iola-Scandy Sports
    • Manawa Sports
    • New London Sports
      • Leagues
      • Sports
      • Park & Rec Activities
    • Waupaca Sports
    • Wega-Fremont Sports
    • Hortonville Sports
    • Outdoor
    • High School Sports Scores
  • Courts
  • Opinion
  • Obits
  • Classifieds
    • View Ads
    • Place Ads
  • Legal Ads
    • Our Legals
    • Statewide
  • E-Editions
    • Clintonville Shoppers Guide
    • New London Buyers Guide
    • Waupaca Buyers Guide
  • Contact Us
  • Advertise
  • Advertiser Index
  • Subscribe
  • E-Editions
    • Clintonville Shoppers Guide
    • Clintonville Tribune Gazette
    • New London Buyers Guide
    • New London Press Star
    • Waupaca Buyers Guide
    • Waupaca County Post

logo

Waupaca County Post

  • Home
  • News
    • Video
    • Clintonville News
    • Hortonville News
    • Iola-Scandi News
    • Manawa News
    • New London News
    • Waupaca News
    • Wega-Fremont News
    • Business
  • Covid 19
  • Sports
    • Clintonville Sports
    • Iola-Scandy Sports
    • Manawa Sports
    • New London Sports
      • Leagues
      • Sports
      • Park & Rec Activities
    • Waupaca Sports
    • Wega-Fremont Sports
    • Hortonville Sports
    • Outdoor
    • High School Sports Scores
  • Courts
  • Opinion
  • Obits
  • Classifieds
    • View Ads
    • Place Ads
  • Legal Ads
    • Our Legals
    • Statewide
  • E-Editions
    • Clintonville Shoppers Guide
    • New London Buyers Guide
    • Waupaca Buyers Guide
Waupaca News
Home›News›Waupaca News›Overby charged with bank fraud

Overby charged with bank fraud

By WaupacaNow
May 8, 2019
6594
0
First National Bank sign

Grand jury indicts former Waupaca CEO

A federal grand jury in Green Bay returned a 13-count indictment charging Archie Overby, 70, with bank fraud and misapplication of bank funds.

Overby was the former president, CEO and chairman of the board of First National Bank in Waupaca.

He left the bank in May 2016 after an investigation by the Office of the Comptroller of the Currency.

The OCC ordered Overby to pay $1.6 million in restitution and $100,000 in fines.

The May 7, 2019, indictment alleges that between 2010 and 2013, Overby defrauded the bank by expensing it for luxurious personal travel and entertainment for himself, his family and friends.

His alleged trips taken at bank expense include Tanzania, the Cayman Islands and St. Maarten, as well as to luxury hotels and resorts in California, Texas, Florida and North Carolina.

According to the indictment, Overby’s personal travel exceeded $1.2 million dollars.  The bank also give him an additional $320,930 to cover taxes on the proceeds.

If convicted of these offenses, Overby faces up to 30 years in prison and a $1 million fine on each of the 13 counts.

Overby is currently living in Plano, Texas.

TagsArchie OverbyFirst National Banknewsletter
Previous Article

New season, new owners

Next Article

Hoskins, Roland N.

Related articles More from author

  • Clintonville News

    Clintonville firms seek receivership

    March 11, 2016
    By WaupacaNow
  • Waupaca News

    Feds investigate former bank CEO

    July 17, 2016
    By WaupacaNow
  • Waupaca News

    New CEO at First National Bank

    October 12, 2016
    By WaupacaNow
  • Waupaca News

    Overby to pay $1.7 million

    April 24, 2017
    By WaupacaNow
  • Waupaca NewszHideFeatured

    Bank First to acquire First National

    May 12, 2017
    By WaupacaNow
  • Waupaca News

    Former bank officer fined

    August 7, 2017
    By WaupacaNow

Leave a reply Cancel reply

Free WaupacaNow Newsletter

About Us


Waupaca County Post, New London Press Star and Clintonville Tribune-Gazette are published every Thursday by Multi Media Channels. The papers are locally owned, locally operated and locally written. Subscriptions are $59 annually, delivered via U.S. Postal Service.

To subscribe, go www.shopmmclocal.com/product-category/waupacanow-portal or call 715-258-4360

Timeline

  • August 18, 2022

    Playoff run gives Comets a boost

  • August 18, 2022

    Polar Bears look to move up in VFA

  • August 18, 2022

    New London schools hire staff

  • August 18, 2022

    Weyauwega police design new patch

  • August 18, 2022

    Historical society launches capital campaign

Find us on Facebook

Copyright © 2022 Multi Media Channels LLC.
All Rights Reserved. No part of this publication or any of its contents may be reproduced, copied, modified or adapted without the prior written consent of Multi Media Channels LLC.
×