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First Federal Savings & Loan Assn

Pascagoula, MS
10/31/2017
Fine Amount: 
$35,000
Issued by: 

The OCC has issued a consent Order of a Civil Monetary Penalty of $35,000 to First Federal Savings & Loan Association, Pascagoula, Mississippi, for a pattern or practice of violations of the Flood Act and its implementing regulations, specifically 12 C.F.R. §§ 22.3(a) (requirement to purchase flood insurance when available) and 22.7(a) (forced placement of flood insurance).

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