FOUNDATION FIRST BANK (F/K/A WESTERN STATE BANK)

WATERLOO, NE 2009 Community Banks / Credit Unions
FDIC Civil Money Penalty
Penalty
$10,000

Outcome

ORDER TO PAY

Details

FOUNDATION FIRST BANK (F/K/A WESTERN STATE BANK) — FDIC Enforcement (2009)

FDIC took enforcement action against FOUNDATION FIRST BANK (F/K/A WESTERN STATE BANK) in WATERLOO, NE in 2009 involving civil money penalty violations in the Community Banks / Credit Unions sector.

Penalty: $10,000

Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: WATERLOO, NE

Source: FDIC ED&O — FDIC-08-324k

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-08-324k

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