Citizens National Bank (FUID: 390-044-040), headquartered in Monterey, IN, has accumulated 10 enforcement actions from the Office of the Comptroller of the Currency over a 19-year period, resulting in $78K in combined civil money penalties and restitution orders. The enforcement record includes actions against both the institution and 7 affiliated individuals.
Institutional Actions
Federal regulators have taken 3 direct actions against the institution, with the costliest period being the 2000s, when $62K in penalties were levied.
| Date | Action | Amount | Docket |
|---|---|---|---|
| Jan 29, 1991 | Formal Agreement | — | — |
| Jan 28, 1999 | Formal Agreement | — | — |
| Mar 18, 2010 | Formal Agreement | — | — |
Individual Enforcement Actions
Regulators have issued 7 enforcement actions against individuals affiliated with the institution.
Notable individual actions include a $60,000 penalty against Vernon Stell Gray in 2000, a $9,500 penalty against Bob G. Hughes in 1997, a $3,500 penalty against R. Ronald Mize in 1997.
| Date | Individual | Action | Amount |
|---|---|---|---|
| Apr 1, 1992 | Ronald Fritz | Civil Money Penalty | $2,500 |
| Oct 27, 1997 | Bob G. Hughes | Civil Money Penalty | $9,500 |
| Oct 27, 1997 | R. Ronald Mize | Civil Money Penalty | $3,500 |
| Oct 24, 2000 | Vernon Stell Gray | Prohibition/Removal | — |
| Oct 24, 2000 | Vernon Stell Gray | Civil Money Penalty | $60,000 |
| Jan 2, 2001 | Leewood W. Avary | Civil Money Penalty | $2,000 |
| Dec 27, 2001 | Lisa S. Williams | Prohibition/Removal | — |
Enforcement by Decade
The 2000s represent the costliest period in the institution's enforcement history, driven by $62K in penalties. While the 1990s have produced the highest volume of actions at 5, the aggregate dollar amount has declined to $16K.
Institution Profile
Data Sources & Methodology
All enforcement actions cited in this article are sourced from the Office of the Comptroller of the Currency's public enforcement actions database. Institution identification data is sourced from the FFIEC Central Data Repository (RSSD ID: 44040) and the FDIC BankFind Suite (Certificate: 4364). Docket numbers are reproduced as published. Dollar amounts reflect penalties and restitution as ordered; actual amounts paid may differ pursuant to settlement agreements or appeals. This article is generated programmatically from verified regulatory data and does not constitute legal or investment advice.