The Bancorp Bank
FDIC
Civil Money Penalty
Restitution Order
Penalty
$2 million
Outcome
Order for Restitution and Order to Pay Civil Money Penalty
Details
The Bancorp Bank — FDIC Enforcement (2018)
FDIC took enforcement action against The Bancorp Bank in Wilmington, DE in 2018 involving civil money penalty, restitution order violations in the Community Banks / Credit Unions sector.
Penalty: $2 million
Violation types: Civil Money Penalty, Restitution Order
Entity type: Financial Institution
Penalty type: Consent Order
Location: Wilmington, DE
Source: FDIC ED&O — FDIC-18-0008b,FDIC-18-0009k
How Crucible Prevents This
Crucible's banking compliance controls enforce regulatory requirements and flag violations before they escalate to civil money penalties.
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