Gunnison Valley Bank
Outcome
Order of Prohibition from Further Participation and Order to Pay
Details
Gunnison Valley Bank — FDIC Enforcement (2023)
FDIC took enforcement action against Gunnison Valley Bank in GUNNISON, UT in 2023 involving civil money penalty, removal prohibition violations in the Community Banks / Credit Unions sector.
Penalty: $100,000
Violation types: Civil Money Penalty, Removal Prohibition
Entity type: Financial Institution
Penalty type: Consent Order
Location: GUNNISON, UT
Source: FDIC ED&O — FDIC-20-0160e, FDIC-20-0161k
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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