Regulatory Alerts2026-04-22
Federal Reserve Board Issues Enforcement Action with Former Employee of First Financial Bank
The Board of Governors of the Federal Reserve System issued a consent Order of Prohibition against Destiny Lara, a former First Financial Bank teller, for unauthorizedly relinquishing vehicle title collateral and causing a $124,666 loss through personal benefits. The order prohibits Lara from participating in insured depository institution affairs, soliciting or transferring voting rights, and serving as an institution-affiliated party without prior written regulatory approval. By consenting to the order, Lara waived her rights to a formal hearing and judicial review while agreeing to comply with all provisions until they are expressly modified or terminated.
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