First Bank & Trust

BROOKINGS, SD 2008 Community Banks / Credit Unions

FDIC Civil Money Penalty Cease And Desist Restitution Order

Penalty

$685,000

Outcome

Notice of Charges For an Order to Cease and Desist and For Restitution; Notice of Assessment of Civil Money Penalties; Findings of Fact and Conclusions of Law; Order to Pay; and Notice of Hearing

Details

First Bank & Trust — FDIC Enforcement (2008)

Outcome: Notice of Charges For an Order to Cease and Desist and For Restitution; Notice of Assessment of Civil Money Penalties; Findings of Fact and Conclusions of Law; Order to Pay; and Notice of Hearing

Docket: FDIC-07-0228b,FDIC-07-0260k | Issued: 2008-06-10

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-07-0228b,FDIC-07-0260k

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