First Trust & Savings Bank of Albany, Illinois

Albany, IL 2017 Community Banks / Credit Unions

FDIC Civil Money Penalty

Penalty

$58,232

Outcome

Order to Pay Civil Money Penalty

Details

First Trust & Savings Bank of Albany, Illinois — FDIC Enforcement (2017)

FDIC took enforcement action against First Trust & Savings Bank of Albany, Illinois in Albany, IL in 2017 involving civil money penalty violations in the Community Banks / Credit Unions sector.

Penalty: $58,232

Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: Albany, IL

Source: FDIC ED&O — FDIC-16-0085k

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-16-0085k

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