# FDIC enforcement action FDIC-23-0046b
> **Independence Bank** · EAST GREENWICH, RI · status: Published
> CMP: **—** · Restitution: $3.50M
## Action
- **Docket number:** FDIC-23-0046b
- **Status:** Published
- **Action type:** N/A
## Bank
- **Bank:** Independence Bank
- **Location:** EAST GREENWICH, RI
- **FDIC certificate:** 57379
## Respondents
- **Count:** 1
- **Institutions:** Independence Bank
## Penalties

- **Civil money penalty:** —
- **Restitution:** $3.50M

## Source
- [FDIC EDOS detail](https://orders.fdic.gov/s/order?id=a0WSJ000002Ohx72AC)
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