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Clear Mountain Bank pays $14,000 Flood Act penalty

Bruceton Mills, WV
02/12/2018
Fine Amount: 
$14,000
Issued by: 

The Federal Reserve Board has assessed a $14,000 civil money penalty against Clear Mountain Bank, Bruceton Mills, West Virginia, for a pattern or practice of violations of Regulation H, 12 CFR § 208.25, which implements the requirements of the National Flood Insurance Act.

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