First State Bank of Decatur

Decatur, MI 2014 Community Banks / Credit Unions
FDIC Civil Money Penalty
Penalty
$6,200

Outcome

Order to Pay Civil Money Penalty

Details

First State Bank of Decatur — FDIC Enforcement (2014)

FDIC took enforcement action against First State Bank of Decatur in Decatur, MI in 2014 involving civil money penalty violations in the Community Banks / Credit Unions sector.

Penalty: $6,200

Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: Decatur, MI

Source: FDIC ED&O — FDIC-14-0009k

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-14-0009k

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