Transportation Alliance Bank, Inc.

Ogden, UT 2016 Community Banks / Credit Unions

FDIC Civil Money Penalty Removal Prohibition

Penalty

$7,000

Outcome

Order of Prohibition From Further Participation and Order to Pay

Details

Transportation Alliance Bank, Inc. — FDIC Enforcement (2016)

Outcome: Order of Prohibition From Further Participation and Order to Pay

Docket: FDIC-14-0278e,FDIC-15-0012k | Issued: 2016-01-06

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-14-0278e,FDIC-15-0012k

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