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Farmers Bank and Savings Company pays $12,000 for flood violations

Pomeroy, OH
01/17/2025
Fine Amount: 
$12,000
Issued by: 

"The FDIC considered the matter and determined that the Bank has engaged in a pattern or practice of committing violations of the FDPA and Part 339 of the FDIC Rules and Regulations, 12 C.F.R. § 339.7, by failing to follow force placement flood insurance procedures for sixteen (16) loans"

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