Magnolia Bank, Incorporated
FDIC
Civil Money Penalty
Penalty
$425,000
Outcome
Order to Pay Civil Money Penalty
Details
Magnolia Bank, Incorporated — FDIC Enforcement (2022)
FDIC took enforcement action against Magnolia Bank, Incorporated in Magnolia, KY in 2022 involving civil money penalty violations in the Community Banks / Credit Unions sector.
Penalty: $425,000
Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: Magnolia, KY
Source: FDIC ED&O — FDIC-20-0138k
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