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North American Banking Company pays $4,950 flood penalty

Roseville, MN
Fine Amount: 
Issued by: 

The Federal Reserve Board has issued NORTH AMERICAN BANKING COMPANY, Roseville, MN, an Order of Assessment of a $4,950 Civil Money Penalty Pursuant to the National Flood Insurance Act, with consent.

The Board found a pattern or practice of unspecified violations of Regulation H section 208.25, which implements the requirement of the National Flood Insurance Act.

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