AMERICAN BANK CENTER

DICKINSON, ND 2010 Community Banks / Credit Unions

FDIC Civil Money Penalty Removal Prohibition

Penalty

$25,000

Outcome

NOTICE TO INTENTION TO PROHIBIT FORM FURTHER PARTICIPATION; NOTICE OF ASSESSMENT OF CIVIL MONEY PENALTY

Details

AMERICAN BANK CENTER — FDIC Enforcement (2010)

Outcome: NOTICE TO INTENTION TO PROHIBIT FORM FURTHER PARTICIPATION; NOTICE OF ASSESSMENT OF CIVIL MONEY PENALTY

Docket: FDIC-09-206k; FDIC-09-205e | Issued: 2010-07-21

How Crucible Prevents This

Crucible's banking compliance controls enforce regulatory requirements and flag violations before they escalate to civil money penalties. Crucible's personnel compliance controls enforce background check requirements and monitor for prohibited activities by institution-affiliated parties.

Source: FDIC ED&O — FDIC-09-206k; FDIC-09-205e

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

See How Crucible Works