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East West Bank pays $129K flood insurance penalty

Pasadena, CA
06/08/2020
Fine Amount: 
$129,108
Issued by: 

The Federal Reserve Board has issued an Order of Assessment of a Civil Money Penalty to East West Bank, Pasadena, California, in connection with the Bank’s pattern or practice of [unspecified] violations of Regulation H, 12 C.F.R. § 208.25, which implements the requirements of the National Flood Insurance Act.

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