The Federal Deposit Insurance Corporation agreed that Burke & Herbert Bank & Trust Co. has met all the required improvements in its BSA/AML compliance program, according to the bank's 2016 annual report.
The Alexandria, Va.-based bank also appointed Sepideh Behram as its Bank Secrecy Act officer and principal vice president to facilitate its BSA compliance efforts.
The FDIC and the bank entered into a written agreement in August 2014. Under the agreement, the bank was required to enhance its BSA/AML compliance program.