BANK FORWARD (F/K/A SECURITY STATE BANK OF NORTH DAKOTA)

HANNAFORD, ND 2007 Community Banks / Credit Unions
FDIC Civil Money Penalty
Penalty
$10,400

Outcome

ORDER TO PAY CIVIL MONEY PENALTY

Details

BANK FORWARD (F/K/A SECURITY STATE BANK OF NORTH DAKOTA) — FDIC Enforcement (2007)

FDIC took enforcement action against BANK FORWARD (F/K/A SECURITY STATE BANK OF NORTH DAKOTA) in HANNAFORD, ND in 2007 involving civil money penalty violations in the Community Banks / Credit Unions sector.

Penalty: $10,400

Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: HANNAFORD, ND

Source: FDIC ED&O — FDIC-07-80k

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-07-80k

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