meta_id 3174168

On May 21, 2026, the Office of the Comptroller of the Currency (OCC) announced enforcement actions taken during May 2026 against banks and individuals affiliated with financial institutions. The OCC uses enforcement actions to require boards of directors and management to take timely corrective action against deficient practices or violations identified during supervision. The OCC issued a Consent Order against Community Federal Savings Bank in Woodhaven, New York, for deficiencies in its Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program. The violations included breaches of 12 CFR 21.21 (BSA/AML program violation), 12 CFR 163.180(d) (suspicious activity reporting violation), and 31 CFR 1010.520(b)(3) (information sharing requirement under the USA PATRIOT Act). The OCC also issued an Order of Prohibition against Dyemond Williams, a former Associate at JP Morgan Chase Bank in Columbus, Ohio, for making or assisting others in making unauthorized withdrawals from customer accounts, resulting in losses of at least $38,500 to the bank. Orders of Prohibition prevent individuals from participating in the affairs of any bank or other institution as defined in 12 USC 1818(e)(7). The OCC terminated five enforcement actions during May 2026 after determining that the institutions had demonstrated compliance with all articles of their respective enforcement actions or that certain articles had become outdated or irrelevant to current circumstances. These terminations involved Axiom Bank in Maitland, Florida; Cenlar Federal Savings Bank in Ewing, New Jersey; Lincoln FSB of Nebraska; The First National Bank of Waverly in Ohio; and The First National Bank of Williamson in West Virginia. All OCC public enforcement actions taken since August 1989 are available through the searchable enforcement actions database at https://apps.occ.gov/EASearch.