Violation Tracker Individual Record

Company: 
CommunityONE Bank N.A.
Penalty: 
$400,000
Year: 
2011
Date: 
April 27, 2011
Offense Group: 
financial offenses
Primary Offense: 
anti-money-laundering deficiencies
Violation Description: 

CommunityONE Bank N.A., based in Asheboro, NC, entered into a deferred prosecution agreement with the Department of Justice to resolve charges that it failed to file a suspicious activity report and maintain an effective anti-money laundering program.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Criminal Division
Civil or Criminal Case: 
criminal
Prosecution Agreement: 
deferred prosecution agreement
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.