Skip to content

Former bank VP pays money penalty and is prohibited

Prattville, AL
Fine Amount: 
Penalty Type: 
Issued by: 

Kevin L. Tudhope, a former vice president and mortgage loan officer of River Bank & Trust, Prattville, Alabama, received an FDIC consent order of prohibition from participation and order to pay a $35,000 civil money penalty on January 5, 2023, after a determination, which Tudhope neither admits nor denies, that he, between January 2018 and July 31, 2018:

  • Submitted loan production reports containing false information relating to 14 borrowers, loan amounts, and closing dates
  • Received commission payments from the bank based on false information contained in the production reports
  • Knew the production reports submitted to the bank contained false information and that he was not entitled to the commission payments

Penalties View All

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Penalties