US Fed issues enforcement action with First Citizens Bank Of Butte -statement-November 2024-www.financetom.com

US Fed issues enforcement action with First Citizens Bank Of Butte -statement

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US Fed issues enforcement action with First Citizens Bank Of Butte -statement

May 7, 2024 8:43 AM

WASHINGTON (Reuters) - The U.S. Federal Reserve Board has issued an enforcement action with First Citizens Bank of Butte in Montana, the board said in a statement on Tuesday.

The enforcement action addresses issues with board management, anti-money laundering and suspicious activity reporting, according to a written agreement between the Fed and the First Citizens Bank of Butte.

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