FIRST BANK & TRUST

BROOKINGS, SD 2009 Community Banks / Credit Unions

FDIC Civil Money Penalty Cease And Desist Restitution Order

Penalty

$90,000

Outcome

ORDER TO CEASE AND DESIST, ORDER FOR RESTITUTION, AND ORDER TO PAY

Details

FIRST BANK & TRUST — FDIC Enforcement (2009)

FDIC took enforcement action against FIRST BANK & TRUST in BROOKINGS, SD in 2009 involving civil money penalty, cease and desist, restitution order violations in the Community Banks / Credit Unions sector.

Penalty: $90,000

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

Source: FDIC ED&O — FDIC-07-228b; FDIC-07-260k

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-07-228b; FDIC-07-260k

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

See How Crucible Works