Key Financial Corporation

Clearwater, FL 2004 Community Banks / Credit Unions

DOL-WHD Minimum Wage Violation Overtime Violation

Penalty

$23,100

Outcome

Key Financial Corporation in Clearwater, Florida was assessed $23,100 in civil monetary penalties by the DOL Wage and Hour Division and ordered to pay $36,240 in back wages affecting 105 employees.

Details

Key Financial Corporation — DOL Wage & Hour Enforcement

Outcome: Key Financial Corporation in Clearwater, Florida was assessed $23,100 in civil monetary penalties by the DOL Wage and Hour Division and ordered to pay $36,240 in back wages affecting 105 employees.

Enforcement details:

Back wages owed: $36,240

Employees affected: 105

NAICS code: 52231 (Credit Intermediation / Banking)

How Crucible Prevents This

Crucible's labor compliance monitoring for Credit Intermediation / Banking organizations automates wage-and-hour audit readiness, tracks overtime and pay-rate compliance, enforces scheduling documentation, and flags regulatory gaps before they become DOL enforcement actions.

Source: DOL WHD Enforcement Data — Key Financial Corporation

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