OCEAN BANK
FDIC
Civil Money Penalty
Penalty
$1.1 million
Outcome
ORDER TO PAY
Details
OCEAN BANK — FDIC Enforcement (2011)
FDIC took enforcement action against OCEAN BANK in MIAMI, FL in 2011 involving civil money penalty violations in the Community Banks / Credit Unions sector.
Penalty: $1.1 million
Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: MIAMI, FL
Source: FDIC ED&O — FDIC-11-45k
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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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