Truist Bank
Outcome
Notice of Intention to Prohibit from Further Participation, Notice of Charges for an Order for Restitution, Notice of Assessment of Civil Money Penalty, Findings of Fact and Conclusions of Law, Order to Pay, Notice of Hearing, and Prayer for Relief
Details
Truist Bank — FDIC Enforcement (2024)
Outcome: Notice of Intention to Prohibit from Further Participation, Notice of Charges for an Order for Restitution, Notice of Assessment of Civil Money Penalty, Findings of Fact and Conclusions of Law, Order to Pay, Notice of Hearing, and Prayer for Relief
Docket: FDIC-23-0007e, FDIC-23-0096b, FDIC-23-0095k | Issued: 2024-04-18
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. The restitution component demonstrates direct consumer harm that proactive compliance monitoring would have prevented.
Don't let this happen to your organization. See how Crucible works.
See How Crucible Works