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Archive Home > 2008 > November > 29 > FDIC fines Bend bank

FDIC fines Bend bank


November 29, 2008

Bank of the Cascades has been fined $43,550 by the Federal Deposit Insurance Corp. for its handling of flood insurance requirements when originating mortgages, according to a consent agreement with the FDIC.

According to the Oct. 8 agreement, the FDIC believes the bank violated the Flood....

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