FIRST SECURITY STATE BANK

CRANFILLS GAP, TX 2002 Community Banks / Credit Unions

FDIC Civil Money Penalty Removal Prohibition

Penalty

$1,000

Outcome

ORDER OF PROHIBITION FROM FURTHER PARTICIPATION AND CIVIL MONEY PENALTY

Details

FIRST SECURITY STATE BANK — FDIC Enforcement (2002)

Outcome: ORDER OF PROHIBITION FROM FURTHER PARTICIPATION AND CIVIL MONEY PENALTY

Docket: FDIC-01-86e , FDIC-01-133k | Issued: 2002-03-29

How Crucible Prevents This

Crucible's banking compliance controls enforce regulatory requirements and flag violations before they escalate to civil money penalties. Crucible's personnel compliance controls enforce background check requirements and monitor for prohibited activities by institution-affiliated parties.

Source: FDIC ED&O — FDIC-01-86e , FDIC-01-133k

Don't let this happen to your organization. See how Crucible works.

See How Crucible Works