South Ottumwa Savings Bank

Ottumwa, IA 2013 Community Banks / Credit Unions
FDIC Civil Money Penalty
Penalty
$12,000

Outcome

Order to Pay

Details

South Ottumwa Savings Bank — FDIC Enforcement (2013)

FDIC took enforcement action against South Ottumwa Savings Bank in Ottumwa, IA in 2013 involving civil money penalty violations in the Community Banks / Credit Unions sector.

Penalty: $12,000

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

Source: FDIC ED&O — FDIC-11-436k

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-11-436k

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