First Citizens Bank of Butte reaches agreement with US Fed on BSA/AML remediation

Montana, USA-based First Citizens Bank of Butte undertakes to rework its Bank Secrecy Act/anti-money laundering (BSA/AML) model in a written commitment made to the US Federal Reserve Bank of Minneapolis and the Montana Division of Financial Institutions, signed on 2 May.

Montana, USA-based First Citizens Bank of Butte undertakes to rework its Bank Secrecy Act/anti-money laundering (BSA/AML) model in a written commitment made to the US Federal Reserve Bank of Minneapolis and the Montana Division of Financial Institutions, signed on 2 May [2024]. [1]