Skip to content

River Cities Bank pays $4,600 flood insurance penalty

Wisconsin Rapids, WI
09/17/2019
Fine Amount: 
$4,600
Issued by: 

River Cities Bank was ordered by the FDIC to pay a civil money penalty of $4,600 for a pattern or practice of violating the Flood Disaster Protections Act, the National Flood Insurance Act, and Part 339 of the FDIC's regulations by:

  • failing to maintain adequate flood insurance during the term of the loan in 2 cases
  • failing to properly force place insurance in 2 cases
  • failing to provide written notice to the borrower concerning flood insurance prior to extending a loan in four cases before extending, increasing or renewing a long

Penalties View All

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Penalties