APPLIED BANK
FDIC
Civil Money Penalty
Cease And Desist
Restitution Order
Penalty
$100,000
Outcome
CONSENT ORDER, ORDER FOR RESTITUTION, AND ORDER TO PAY
Details
APPLIED BANK — FDIC Enforcement (2011)
FDIC took enforcement action against APPLIED BANK in WILMINGTON, DE in 2011 involving civil money penalty, cease and desist, restitution order violations in the Community Banks / Credit Unions sector.
Penalty: $100,000
Violation types: Civil Money Penalty, Cease And Desist, Restitution Order
Entity type: Financial Institution
Penalty type: Consent Order
Location: WILMINGTON, DE
Source: FDIC ED&O — FDIC-11-070b; FDIC-11-081k
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Crucible's banking compliance controls enforce regulatory requirements and flag violations before they escalate to civil money penalties.
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