FDIC Enforcement

Unknown 2009 Community Banks / Credit Unions

FDIC Civil Money Penalty Cease And Desist

Penalty

$100,000

Outcome

ORDER TO CEASE AND DESIST AND ORDER TO PAY

Details

FDIC Enforcement — FDIC Enforcement (2009)

FDIC took enforcement action against FDIC Enforcement in 2009 involving civil money penalty, cease and desist violations in the Community Banks / Credit Unions sector.

Penalty: $100,000

Violation types: Civil Money Penalty, Cease And Desist
Entity type: Financial Institution
Penalty type: Consent Order

Source: FDIC ED&O — FDIC-09-257b; FDIC-09-258k

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-09-257b; FDIC-09-258k

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