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Amboy Bank pays $28K flood insurance penalty

Old Bridge, NJ
04/14/2020
Fine Amount: 
$28,000
Issued by: 

The Federal Reserve Board has issued an Order of Assessment of a Civil Money Penalty Pursuant to the National Flood Insurance Act to Amboy Bank, Old Bridge, New Jersey, for a pattern or practice of violations of § 208.25 of Regulation H (12 CFR Part 208), which implements the requirements of the Act.

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