Bank of Jackson County (In Receivership)
FDIC
Civil Money Penalty
Removal Prohibition
Penalty
$50,000
Outcome
Order of Prohibition from Further Participation and Order to Pay
Details
Bank of Jackson County (In Receivership) — FDIC Enforcement (2018)
Outcome: Order of Prohibition from Further Participation and Order to Pay
Docket: FDIC-17-0169e, 17-0167k | Issued: 2018-09-20
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.
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