Pan American Bank

Los Angeles, CA 2014 Community Banks / Credit Unions

FDIC Civil Money Penalty Removal Prohibition

Penalty

$25,000

Outcome

Decision and Order to Prohibit From Further Participation

Details

Pan American Bank — FDIC Enforcement (2014)

FDIC took enforcement action against Pan American Bank in Los Angeles, CA in 2014 involving civil money penalty, removal prohibition violations in the Community Banks / Credit Unions sector.

Penalty: $25,000

Violation types: Civil Money Penalty, Removal Prohibition
Entity type: Financial Institution
Penalty type: Civil Money Penalty
Location: Los Angeles, CA

Source: FDIC ED&O — FDIC-13-052e, FDIC-13-0235k

How Crucible Prevents This

Crucible's banking compliance controls enforce regulatory requirements and flag violations before they escalate to civil money penalties. Crucible's personnel compliance controls enforce background check requirements and monitor for prohibited activities by institution-affiliated parties.

Source: FDIC ED&O — FDIC-13-052e, FDIC-13-0235k

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