regulatory
confidence high
sentiment positive
materiality 0.75
FDIC and Alabama Banking Dept terminate AML/CFT consent order against River Bank & Trust
River Financial Corp
- Consent Order FDIC-23-0127b terminated March 17, 2025; notice received March 18.
- Order required enhanced AML/CFT program, risk assessment, internal controls, training, and quarterly progress reports.
- Bank neither admitted nor denied violations; termination removes regulatory constraints.