Five former directors of a Montana bank were fined $2,000 each – and the bank’s former president and board chairman $10,000 — for failing to take actions to correct issues outlined under a previous consent […]
A former credit union employee who was sentenced to four months’ prison time and ordered to pay more than $460,000 in restitution has been prohibited from participating in the affairs of any federally insured financial […]
Three removal and prohibition orders – and five orders permitting five individuals to work at financial institutions again – were made public by the federal insurer of bank deposits in November, the agency said. The […]
A civil money penalty (CMP) of $20,000 and a removal and prohibition for a former Texas banker was one of nine enforcement and termination actions reported Friday for December by the federal regulator of national […]
Another “financial institution letter” about changes to policy for prohibitions and removals of individuals from engagement with a federally insured bank was issued Thursday by the Federal Deposit Insurance Corp. (FDIC), superseding a version of […]
Four individuals from credit unions were prohibited in October from participating in affairs of any federally insured financial institution, the federal regulator of credit unions said Wednesday. In a release, the National Credit Union Administration […]
A text message to a bank branch manager and head teller ultimately led to the uncovering of a fraud of nearly $900,000 from a Tennessee bank, according to a report released Friday by the federal […]
Five former credit union employees, one of whom was ordered to pay $1 million in restitution in addition to serving prison time for her crimes, have been barred from future involvement in the affairs of […]
Eight removal and prohibition orders were among the 15 enforcement actions the federal bank deposit insurer took in July, the agency said Friday; three “section 19” orders, restoring the ability of individuals to engage in […]
Three former employees of credit unions (including two that were liquidated in recent years) are prohibited from future participation in the affairs of any federally insured financial institution under orders published online by the National […]
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