Great Western Bank

Watertown, SD 2013 Community Banks / Credit Unions

FDIC Civil Money Penalty

Penalty

$40,810

Outcome

Order to Pay Civil Money Penalty

Details

Great Western Bank — FDIC Enforcement (2013)

FDIC took enforcement action against Great Western Bank in Watertown, SD in 2013 involving civil money penalty violations in the Community Banks / Credit Unions sector.

Penalty: $40,810

Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: Watertown, SD

Source: FDIC ED&O — FDIC-13-038k

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-13-038k

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