OCC Announces Enforcement Actions for August 2025 — 2025-08-21

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions taken against national banks and federal savings associations (banks), and individuals currently and formerly affiliated with banks the OCC supervises. The OCC uses enforcement actions against banks to require the board of directors and management to take timely actions to correct the deficient practices or violations identified. The OCC has taken the following actions against banks: Formal Agreement with First National Bank & Trust Company, Clinton, Illinois, for unsafe or unsound practices, including those related to capital, strategic planning, liquidity, and contingency funding planning. (Docket No. AA-CE-2025-30) The OCC uses enforcement actions against an institution-affiliated party (IAP) to deter, encourage correction of, or prevent violations, unsafe or unsound practices, or breaches of fiduciary duty. Enforcement actions against IAPs reinforce the accountability of individuals for their conduct regarding the affairs of a bank.