Banamex USA

Century City, CA 2017 Community Banks / Credit Unions

FDIC Civil Money Penalty Removal Prohibition

Penalty

$90,000

Outcome

Order of Prohibition from Further Participation and Order to Pay

Details

Banamex USA — FDIC Enforcement (2017)

FDIC took enforcement action against Banamex USA in Century City, CA in 2017 involving civil money penalty, removal prohibition violations in the Community Banks / Credit Unions sector.

Penalty: $90,000

Violation types: Civil Money Penalty, Removal Prohibition
Entity type: Financial Institution
Penalty type: Consent Order
Location: Century City, CA

Source: FDIC ED&O — FDIC-16-0144e,FDIC-16-0145k

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-16-0144e,FDIC-16-0145k

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