Ohnward Bank & Trust

Cascade, IA 2013 Community Banks / Credit Unions

FDIC Civil Money Penalty

Penalty

$18,040

Outcome

Order to Pay Civil Money Penalty

Details

Ohnward Bank & Trust — FDIC Enforcement (2013)

FDIC took enforcement action against Ohnward Bank & Trust in Cascade, IA in 2013 involving civil money penalty violations in the Community Banks / Credit Unions sector.

Penalty: $18,040

Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: Cascade, IA

Source: FDIC ED&O — FDIC-13-0289k

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-13-0289k

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