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First Ipswich Bank pays $20,000 flood penalty

Ipswich, MA
08/14/2019
Fine Amount: 
$20,000
Issued by: 

The Federal Reserve Board has issued an Order of Assessment of a civil money penalty of $20,000 under the National Flood Insurance Act to First Ipswich Bank, Ipswich, Massachusetts, for a pattern or practice of unspecified violations of Federal Reserve Regulation H, 12 CFR 208.25, which implements the National Flood Insurance Act.

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