FDIC Released List of Orders of Enforcement Actions Taken Against Banks and Individuals in March 2024

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Summary:

The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by Congress to maintain stability and public confidence in the nation's financial system. The FDIC provides resources for consumers, bankers, analysts, and stakeholders, including financial education materials, data tools, and research reports. In March 2024, the FDIC released a list of 11 administrative enforcement actions taken against banks and individuals, including prohibition orders, consent orders, and orders to pay civil money penalties.