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OneUnited Fined $4K By FDIC

Feb 24, 2012 | Reprints | Unlock Link | Print

The Federal Deposit Insurance Corp. has fined Boston-based OneUnited Bank $4,000 for violations of Federal Deposit Insurance Act and the Home Mortgage Disclosure Act.

In an order released today, the FDIC says the bank has entered into a consent order demanding the monetary penalty. Under terms of the order, the bank does not have to admit any wrongdoing.

The order was issued last month.

Banking & Lending

OneUnited Fined $4K By FDIC

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