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7/26/24, 4:46 PM

FRB: Press Release--Order of assessment of a civil money penalty against Irwin Union Bank--April 21, 2005

Release Date: April 21, 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 the Irwin Union Bank, Columbus, Indiana, a
state member bank. Irwin Union 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 Irwin Union Bank to pay a civil money penalty of $22,300, 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 (84 KB PDF)
2005 Enforcement actions
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Last update: April 21, 2005

https://www.federalreserve.gov/boarddocs/press/enforcement/2005/200504212/default.htm

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