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Virginia bank pays $8500 flood penalty

Kenbridge, VA
06/25/2020
Fine Amount: 
$8,500
Issued by: 

The Federal Reserve Board has issued a consent order assessing an $8,500 civil money penalty on BENCHMARK COMMUNITY BANK, Kenbridge, Virginia, in connection with the bank's pattern or practice of unspecified violations of Regulation H, 12 CFR § 208.25, which implements the requirements of the National Flood Insurance Act.

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