The Office of the Comptroller of the Currency (OCC) released its August 2025 public enforcement actions covering national banks and federal savings associations, as well as individuals affiliated with OCC-supervised banks. The package includes a formal agreement addressing safety and soundness issues, multiple prohibition orders against former bank employees for misconduct causing losses, and the termination of an earlier cease-and-desist order. The OCC entered into a formal agreement with First National Bank & Trust Company (Clinton, Illinois) for unsafe or unsound practices related to capital, strategic planning, liquidity, and contingency funding planning. It also issued eight orders of prohibition against former bank staff, including cases involving embezzlement of customer funds (approximately USD 106,000), fraudulent over-the-counter check deposits and cash withdrawals (approximately USD 196,000), unauthorized customer-account withdrawals (more than USD 18,000 and approximately USD 440,000), participation in and facilitation of fraudulent withdrawals (approximately USD 120,000), misappropriation of bank funds (approximately USD 51,000 and approximately USD 47,000), and fraudulent receipt of more than USD 41,000 in Paycheck Protection Program funds. Separately, the OCC terminated the April 21, 2022 cease-and-desist order against Anchorage Digital Bank, National Association, which had addressed deficiencies in adopting and implementing a compliance program covering required Bank Secrecy Act/anti-money laundering elements.

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