Community Bank to Pay More Than $9.7M Over Alleged Bank Secrecy Act Violations

Consider writing about:

An agreement reached between the U.S. Department of Justice and a community bank and its parent entity in a Bank Secrecy Act case; what to know about alleged compliance failures on EagleBank’s part; related enforcement trends involving community banks or involving violations of the Bank Secrecy Act; how companies under investigation by the DOJ can increase their chances of securing a non-prosecution agreement.

Related information:

https://www.justice.gov/opa/pr/eaglebank-agrees-pay-more-97-million-resolve-bank-secrecy-act-investigation