Mount Vernon Bank and Trust Company

MOUNT VERNON, IA 2022 Community Banks / Credit Unions
FDIC Civil Money Penalty
Penalty
$2,500

Outcome

Order to Pay Civil Money Penalty

Details

Mount Vernon Bank and Trust Company — FDIC Enforcement (2022)

FDIC took enforcement action against Mount Vernon Bank and Trust Company in MOUNT VERNON, IA in 2022 involving civil money penalty violations in the Community Banks / Credit Unions sector.

Penalty: $2,500

Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: MOUNT VERNON, IA

Source: FDIC ED&O — FDIC 22-0061k

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 22-0061k

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