US community banks consent to FDIC AML findings

Brighton Bank, Tennessee and People's Bank, Indiana have escaped financial penalties but committed to extensive overhaul of their Bank Secrecy Act (BSA) programmes, according to consent orders published by the US Federal Deposit Insurance Corporation (FDIC).

Brighton Bank, Tennessee and People's Bank, Indiana have escaped financial penalties but committed to extensive overhaul of their Bank Secrecy Act (BSA) programmes, according to consent orders published by the US Federal Deposit Insurance Corporation (FDIC). [1]