By SARAH BETH FELIX, Special Correspondent
THE Federal Deposit Insurance Corporation (FDIC) has published a consent order for a $33 million asset bank – Bank of Vici in Oklahoma. Your standard 100+ year old, community bank.
This is the smallest bank, by asset size, that we’ve seen since late 2023 (that one being $26 million. The order covers everything from IT to credit losses and hashtag#AML. The AML section is short but power packed for any bank, any size. Any size. I’ll say it again. Any size!