Stockman Bank of Montana
Outcome
Order of Prohibition from Further Participation and Order to Pay
Details
Stockman Bank of Montana — FDIC Enforcement (2023)
FDIC took enforcement action against Stockman Bank of Montana in MILES CITY, MT in 2023 involving civil money penalty, removal prohibition violations in the Community Banks / Credit Unions sector.
Penalty: $5,000
Violation types: Civil Money Penalty, Removal Prohibition
Entity type: Financial Institution
Penalty type: Consent Order
Location: MILES CITY, MT
Source: FDIC ED&O — FDIC-22-0076e, FDIC-22-0077k
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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