Passumpsic Savings Bank

St. Johnsbury, VT 2016 Community Banks / Credit Unions
FDIC Civil Money Penalty
Penalty
$20,000

Outcome

Order to Pay

Details

Passumpsic Savings Bank — FDIC Enforcement (2016)

FDIC took enforcement action against Passumpsic Savings Bank in St. Johnsbury, VT in 2016 involving civil money penalty violations in the Community Banks / Credit Unions sector.

Penalty: $20,000

Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: St. Johnsbury, VT

Source: FDIC ED&O — FDIC-16-0092k

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-16-0092k

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