Bank CEO removed, to pay $100,000 CMP
Rockville, MD
Fine Amount:
$100,000
Penalty Type:
Issued by:
James E. Plack, president, CEO and a director of American Bank, Rockville, Maryland, has consented to an Order by the Office of the Comptroller of the Currency for his removal and prohibition for participation, without prior approval by an appropriate federal banking agency, in the affairs of any insured depository institution, insured credit union, Farm Credit institution, federal depository institution regulatory agency or the Federal Housing Finance Agency or any Federal Home Loan Bank, and to pay, in a series of installments, a civil money penalty totaling $100,000.
- Consent Order
- December 14, 2015, Top Story
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