WEBBANK

SALT LAKE CITY, UT 2010 Community Banks / Credit Unions

FDIC Civil Money Penalty Cease And Desist Restitution Order

Penalty

$300,000

Outcome

Consent Order, Order for Restitution, and Order to Pay Civil Money Penalty

Details

WEBBANK — FDIC Enforcement (2010)

FDIC took enforcement action against WEBBANK in SALT LAKE CITY, UT in 2010 involving civil money penalty, cease and desist, restitution order violations in the Community Banks / Credit Unions sector.

Penalty: $300,000

Violation types: Civil Money Penalty, Cease And Desist, Restitution Order
Entity type: Financial Institution
Penalty type: Consent Order
Location: SALT LAKE CITY, UT

Source: FDIC ED&O — FDIC-10-792b; FDIC-10-793k

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-10-792b; FDIC-10-793k

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