The United States Office of the Comptroller of the Currency published its May 2026 enforcement actions, led by a consent order against Community Federal Savings Bank in Woodhaven, New York, for deficiencies in its Bank Secrecy Act and anti-money laundering compliance program. The order cites violations tied to the bank’s BSA/AML program, suspicious activity reporting, and information-sharing requirements under the USA PATRIOT Act. The OCC also issued an order of prohibition against Dyemond Williams, a former associate at JP Morgan Chase Bank, N.A., in Columbus, Ohio, for making or assisting others in making unauthorized withdrawals from customer accounts, which caused the bank losses of at least USD 38,500. The OCC also terminated five prior actions. These were the formal agreement with Axiom Bank, National Association, the consent order against Cenlar Federal Savings Bank, the formal agreement with Lincoln FSB of Nebraska, the formal agreement with The First National Bank of Waverly, and the formal agreement with The First National Bank of Williamson.
Office of the Comptroller of the Currency2026-05-21
United States Office of the Comptroller of the Currency releases May 2026 enforcement actions including a BSA AML consent order, a prohibition order, and five terminations
The US Office of the Comptroller of the Currency published its May 2026 enforcement actions, including a consent order against Community Federal Savings Bank for Bank Secrecy Act and anti-money laundering deficiencies and an order of prohibition against a former JP Morgan Chase Bank associate for unauthorized withdrawals causing losses of at least USD 38,500. The OCC also terminated five prior enforcement actions against Axiom Bank, National Association, Cenlar Federal Savings Bank, Lincoln FSB of Nebraska, The First National Bank of Waverly, and The First National Bank of Williamson.