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Evolve Bank & Trust pays $13,950 flood insurance penalty

West Memphis, AR
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The Federal Reserve Board, on June 15, 2022, issued a consent Order for the Assessment of a $13,950 civil money penalty against Evolve Bank & Trust, West Memphis, Arkansas, for a pattern or practice of unspecified violations of Regulation H section 208.25, which implements the requirements of the National Flood Insurance Act.

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