Citizens Bank Minnesota

New Ulm, MN 2022 Community Banks / Credit Unions
FDIC Civil Money Penalty
Penalty
$6,000

Outcome

Order to Pay Civil Money Penalty

Details

Citizens Bank Minnesota — FDIC Enforcement (2022)

FDIC took enforcement action against Citizens Bank Minnesota in New Ulm, MN in 2022 involving civil money penalty violations in the Community Banks / Credit Unions sector.

Penalty: $6,000

Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: New Ulm, MN

Source: FDIC ED&O — FDIC-22-0019k

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-22-0019k

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