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Violation Tracker Summary for Mega-Scandal
Mega-Scandal: Overdraft Fees
Description: This list shows cases in which banks paid penalties of $25 million or more in cases in which they were accused of charging unfair overdraft fees.
Penalty Total since 2000: $3,101,367,200
Number of Penalty Records: 19
Note: The totals here are adjusted to account for the fact that each current parent's entries 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. They 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 individual records list below.
| Top 10 Current Parent Companies | Total Penalty $ | Number of Records |
| Bank of America | $1,929,100,000 | 6 |
| Toronto-Dominion Bank | $254,000,000 | 3 |
| Wells Fargo | $203,000,000 | 1 |
| Regions Financial | $191,000,000 | 1 |
| Citizens Financial Group | $137,500,000 | 1 |
| JPMorgan Chase | $110,000,000 | 1 |
| U.S. Bancorp | $90,000,000 | 2 |
| PNC Financial Services | $90,000,000 | 1 |
| Woodforest National Bank | $33,000,000 | 1 |
| HSBC | $32,000,000 | 1 |
Individual Penalty Records:
Click on the company or penalty amount for more information on each case. Click on the current parent name to reach the summary page for that parent company.
| Company | Current Parent | Current Parent Industry | Primary Offense Type | Year | Agency | Penalty Amount  |
| Bank of America N.A. | Bank of America | financial services | consumer protection violation | 2018 | private lawsuit-federal | $1,266,600,000 |
| Bank of America N.A. | Bank of America | financial services | consumer protection violation | 2011 | private lawsuit-federal | $410,000,000 |
| Wells Fargo Bank N.A. | Wells Fargo | financial services | consumer protection violation | 2016 | private lawsuit-federal | $203,000,000 |
| Regions Bank | Regions Financial | financial services | consumer protection violation | 2022 | CFPB | $191,000,000 |
| Citizens Financial | Citizens Financial Group | financial services | consumer protection violation | 2013 | private lawsuit-federal | $137,500,000 |
| TD Bank, N.A. | Toronto-Dominion Bank | financial services | consumer protection violation | 2020 | CFPB | $122,000,000 |
| JPMorgan Chase Bank | JPMorgan Chase | financial services | consumer protection violation | 2012 | private lawsuit-federal | $110,000,000 |
| PNC Bank N.A. | PNC Financial Services | financial services | consumer protection violation | 2013 | private lawsuit-federal | $90,000,000 |
| Bank of America | Bank of America | financial services | consumer protection violation | 2023 | CFPB | $90,000,000 |
| Bank of America N.A. | Bank of America | financial services | consumer protection violation | 2022 | private lawsuit-federal | $75,000,000 |
| TD Bank N.A. | Toronto-Dominion Bank | financial services | consumer protection violation | 2020 | private lawsuit-federal | $70,000,000 |
| TD Bank N.A. | Toronto-Dominion Bank | financial services | consumer protection violation | 2013 | private lawsuit-federal | $62,000,000 |
| Bank of America N.A. | Bank of America | financial services | consumer protection violation | 2023 | OCC | $60,000,000 |
| US Bank N.A. | U.S. Bancorp | financial services | consumer protection violation | 2014 | private lawsuit-federal | $55,000,000 |
| Union Bank N.A. | U.S. Bancorp | financial services | consumer protection violation | 2012 | private lawsuit-federal | $35,000,000 |
| Woodforest National Bank | Woodforest National Bank | financial services | banking violation | 2010 | OCC | $33,000,000 |
| HSBC Bank U.S.A. N.A. | HSBC | financial services | consumer protection violation | 2016 | private lawsuit-state | $32,000,000 |
| Capital One N.A. | Capital One Financial | financial services | consumer protection violation | 2015 | private lawsuit-federal | $31,767,200 |
| Bank of America, N.A. | Bank of America | financial services | consumer protection violation | 2016 | private lawsuit-federal | $27,500,000 |
