Federal Reserve Board issues enforcement actions with First Ipswich Bank, Brookline Bank

The Federal Reserve Board on Tuesday announced the execution of the enforcement actions listed below:

First Ipswich Bank, Ipswich, Massachusetts

Flood insurance violation civil money penalty, dated August 14, 2019

Brookline Bank, Brookline, Massachusetts

Flood insurance violation civil money penalty, dated August 15, 2019

Carol Allen, former employee of Farmers & Merchants Bank, Baldwyn, MS

Notice of intent to prohibit from banking, seeking restitution, and assessing a civil money penalty, dated August 19, 2019

Additional enforcement actions can be searched for here.

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