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Violation Tracker Individual Record

Company: EagleBank
Penalty: $9,500,000
Year: 2022
Date: August 16, 2022
Offense Group: financial offenses
Primary Offense: banking violation
Violation Description: The Federal Reserve Board fined EagleBank, of Bethesda, Maryland $9.5 million for violation of the Board's insider lending regulation. The bank improperly extended credit to entities owned or controlled by its then-CEO and Chairman.
Level of Government: federal
Action Type: agency action
Agency: Federal Reserve
Civil or Criminal Case: civil
Facility State: Maryland
Facility City: Bethesda
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.