Bank of Lake Mills

Lake Mills, WI 2017 Community Banks / Credit Unions
FDIC Civil Money Penalty Restitution Order
Penalty
$151,000

Outcome

Order for Restitution and Order to Pay Civil Money Penalty

Details

Bank of Lake Mills — FDIC Enforcement (2017)

FDIC took enforcement action against Bank of Lake Mills in Lake Mills, WI in 2017 involving civil money penalty, restitution order violations in the Community Banks / Credit Unions sector.

Penalty: $151,000

Violation types: Civil Money Penalty, Restitution Order
Entity type: Financial Institution
Penalty type: Consent Order
Location: Lake Mills, WI

Source: FDIC ED&O — FDIC-15-0314b,FDIC-15-0310k

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-15-0314b,FDIC-15-0310k

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