CONNECTICUT BANK OF COMMERCE

STAMFORD, CT 2004 Community Banks / Credit Unions

FDIC Civil Money Penalty Cease And Desist Removal Prohibition

Penalty

$125,000

Outcome

DECISION AND ORDER ON INTERLOCUTORY REVIEW

Details

CONNECTICUT BANK OF COMMERCE — FDIC Enforcement (2004)

Outcome: DECISION AND ORDER ON INTERLOCUTORY REVIEW

Docket: FDIC-02-174e, FDIC-02-158e, FDIC-02-160c&b, FDIC-02-161c&b, FDIC-02-175k, FDIC-02-176k, FDIC-02-177k, FDIC-02-178k, FDIC-02-179k, FDIC-02-180k, FDIC-02-181k, FDIC-02-182k | Issued: 2004-06-17

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-02-174e, FDIC-02-158e, FDIC-02-160c&b, FDIC-02-161c&b, FDIC-02-175k, FDIC-02-176k, FDIC-02-177k, FDIC-02-178k, FDIC-02-179k, FDIC-02-180k, FDIC-02-181k, FDIC-02-182k

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

See How Crucible Works