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#2008877 - 04/17/15 08:53 PM $1 million CMP for BSA issues
califgirl Offline
Diamond Poster
califgirl
Joined: Mar 2002
Posts: 2,355
The O.C., California
http://www.occ.gov/static/enforcement-actions/ea2015-028.pdf

Bank is on the southern border of Texas.
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#2008878 - 04/17/15 08:55 PM Re: $1 million CMP for BSA issues califgirl
Skittles Online
10K Club
Skittles
Joined: Sep 2002
Posts: 13,965
TN
Wow - how big is this bank?
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#2008883 - 04/17/15 09:04 PM Re: $1 million CMP for BSA issues califgirl
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
About $2B, according to my source.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8

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#2008897 - 04/17/15 10:07 PM Re: $1 million CMP for BSA issues califgirl
el guapo Offline
Gold Star
el guapo
Joined: Jul 2004
Posts: 345
Sometimes I'm amazed at how a bank could let this happen after entering a consent order. Then I think back to my former boss, who had come to work at my former employer after leaving another bank which had entered into a consent order, did not even try to fix anything from what I hear, and then got hit with a huge fine. I think I know exactly how this kind of thing happens, but it's amazing that people like my former boss can spin a web fine enough to keep everyone that matters from seeing what is really going on.

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