STATE BANK OF PARK RAPIDS
FDIC
Civil Money Penalty
Penalty
$10,000
Outcome
ORDER AMENDING ORDER TO PAY
Details
STATE BANK OF PARK RAPIDS — FDIC Enforcement (2011)
FDIC took enforcement action against STATE BANK OF PARK RAPIDS in PARK RAPIDS, MN in 2011 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: Civil Money Penalty
Location: PARK RAPIDS, MN
Source: FDIC ED&O — FDIC-09-149k
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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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