The Federal Deposit Insurance Corp. and Illinois state regulators announced that they have given the $1.9 billion-asset West Suburban Bank an enforcement order concerning anti-money-laundering violations.

The Dec. 2 cease-and-desist order released Friday against the Lombard, Ill., bank did not include a fine but did order the bank to beef up its Bank Secrecy Act program.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.