Federal Reserve Board issues enforcement action with Customers Bank

The following press release was published by the Board of Governors of the Federal Reserve System on Sept. 27. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: Customers Bank, Malvern, Pennsylvania Flood insurance violations, civil money penalty, dated Sept. 22, 2022 Additional enforcement actions can be searched for here.

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Source: Board of Governors of the Federal Reserve System