PREFERRED BANK
FDIC
Civil Money Penalty
Penalty
$450
Outcome
ORDER TO PAY
Details
PREFERRED BANK — FDIC Enforcement (2006)
FDIC took enforcement action against PREFERRED BANK in LOS ANGELES, CA in 2006 involving civil money penalty violations in the Community Banks / Credit Unions sector.
Penalty: $450
Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: LOS ANGELES, CA
Source: FDIC ED&O — FDIC-06-51k
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Crucible's banking compliance controls enforce regulatory requirements and flag violations before they escalate to civil money penalties.
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