FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW

GRAND MEADOW, MN 2000 Community Banks / Credit Unions
FDIC Civil Money Penalty
Penalty
$10,000

Outcome

ORDER TO PAY CIVIL MONEY PENALTY

Details

FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW — FDIC Enforcement (2000)

FDIC took enforcement action against FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW in GRAND MEADOW, MN in 2000 involving civil money penalty violations in the Community Banks / Credit Unions sector.

Penalty: $10,000

Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: GRAND MEADOW, MN

Source: FDIC ED&O — FDIC-99-67k

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 — FDIC-99-67k

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