Basic Search
|
Summaries
|
Advanced Search
Violation Tracker Current Parent Company Summary
Current Parent Company Name: New York Community Bancorp
Ownership Structure: publicly traded (ticker symbol NYCB)
Headquartered in: New York
Major Industry: financial services
Specific Industry: banking
Penalty total since 2000: $179,484,354
Number of records: 10
| Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
| consumer-protection-related offenses | $171,400,000 | 3 |
| financial offenses | $4,128,000 | 3 |
| employment-related offenses | $3,956,354 | 4 |
| Top 5 Primary Offense Types | Penalty Total | Number of Records |
| mortgage abuses | $132,800,000 | 1 |
| consumer protection violation | $37,500,000 | 1 |
| banking violation | $4,128,000 | 3 |
| benefit plan administrator violation | $3,000,000 | 1 |
| discriminatory practices (non-employment) | $1,100,000 | 1 |
Notes: Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the
Update Log, which may vary from what was the case when a violation occurred. The penalty totals are adjusted to account for the fact that the individual entries below may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. The totals are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the list below.
Links: Subsidy Tracker data on financial assistance to this company by federal, state and local government agencies can be found
here.
Individual Penalty Records:
Click on the company or penalty amount for more information on each case.
| Company | Primary Offense Type  | Year | Agency | Penalty Amount |
| Flagstar Bank | wage and hour violation | 2015 | private lawsuit-federal | $895,000 |
| Flagstar Bancorp, Inc. a Michigan Corporation | wage and hour violation | 2021 | CA-LCO | $30,677 |
| Flagstar Bank, FSB, | wage and hour violation | 2021 | CA-LCO | $30,677 |
| Flagstar Bank | mortgage abuses | 2012 | USAO | $132,800,000 |
| Flagstar Bank | discriminatory practices (non-employment) | 2004 | private lawsuit-federal | $1,100,000 |
| Flagstar Bank | consumer protection violation | 2014 | CFPB | $37,500,000 |
| Flagstar Bancorp, Inc. | benefit plan administrator violation | 2013 | private lawsuit-federal | $3,000,000 |
| NEW YORK COMMUNITY BANK | banking violation | 2004 | FDIC | $8,000 |
| Flagstar Bank, FSB | banking violation | 2016 | OCC | $500,000 |
| Flagstar Bank, FSB | banking violation | 2021 | OCC | $3,620,000 |
