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First Federal Community Bank, NA

Dover, OH
11/24/2015
Fine Amount: 
$1,800
Issued by: 

The OCC has issued an Order for a Civil Money Penalty of $1,800 to First Federal Community Bank, N.A., Dover, Ohio, for a pattern or practice of making or renewing loans where the property securing the designated loans are covered by flood insurance in an amount less than is required; and failing to notify borrowers and to force place adequate flood insurance, if not obtained by the borrower, within 45 days of the Bank’s determination that flood insurance was insufficient or lacking.

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