Skagit State Bank

Burlington, WA 1990 Community Banks / Credit Unions
FDIC Civil Money Penalty
Penalty
$3,000

Outcome

STIPULATION AND CONSENT ORDER TO PAY

Details

Skagit State Bank — FDIC Enforcement (1990)

FDIC took enforcement action against Skagit State Bank in Burlington, WA in 1990 involving civil money penalty violations in the Community Banks / Credit Unions sector.

Penalty: $3,000

Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: Burlington, WA

Source: FDIC ED&O — CR-90-8903-2

How Crucible Prevents This

Crucible's banking compliance controls enforce regulatory requirements and flag violations before they escalate to civil money penalties.

Source: FDIC ED&O — CR-90-8903-2

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