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7/25/24, 11:29 AM

FRB: Press Release--Order of assessment of a civil money penalty against County Bank--November 30, 2005

Release Date: November 30, 2005

For immediate release
The Federal Reserve Board on Wednesday announced the issuance of a consent Order of
Assessment of a Civil Money Penalty against County Bank, Merced, California, a state
member bank. County Bank, without admitting to any allegations, consented to the issuance
of the Order in connection with its alleged violations of the Board’s Regulations
implementing the National Flood Insurance Act.
The Order requires County Bank to pay a civil money penalty of $19,960, which will be
remitted to the Federal Emergency Management Agency for deposit into the National Flood
Mitigation Fund.
A copy of the Order is attached.
Attachment (76 KB PDF)
2005 Enforcement actions
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Last update: November 30, 2005

https://www.federalreserve.gov/boarddocs/press/enforcement/2005/20051130/default.htm

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