OCC Announces Enforcement Actions for May 2025 — 2025-05-15

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions taken against 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. Actions taken against banks are: Cease and Desist Order against Eastern National Bank, Miami, Florida, for unsafe or unsound practices, including those related to strategic and capital planning, earnings, and board and management supervision. (Docket No. AA-EC-2025-04). The OCC also terminated the bank’s cease and desist order dated November 19, 2020 (AA-EC-2020-46), which was superseded by the newly issued cease and desist order. (Docket No. AA-EC-2025-10) Cease and Desist Order against EH National Bank, Beverly Hills, California, for unsafe or unsound practices, including those related to management and board supervision, strategic and capital planning, liquidity risk, interest rate risk, and concentration risk. (Docket No. AA-WE-2025-20).