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Federal Reserve Board issues enforcement actions with South Shore Bank and Dime Community Bank

August 12, 2021 / Source: FRB

Press Release

August 12, 2021

Federal Reserve Board issues enforcement actions with South Shore Bank and Dime Community Bank

The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below:

South Shore Bank, Weymouth, Massachusetts
Flood insurance violations; civil money penalty
Consent Order, dated August 10, 2021

Dime Community Bank, Hauppauge, New York
Flood insurance violations; civil money penalty
Consent Order, dated August 11, 2021

Enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

Last Update: August 12, 2021