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Violation Tracker Current Parent Company Summary
Current Parent Company Name: First Citizens BancShares
Ownership Structure: publicly traded (ticker symbol FCNCA)
Headquartered in: North Carolina
Major Industry: financial services
Specific Industry: banking
Penalty total since 2000: $150,844,480
Number of records: 13
| Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
| consumer-protection-related offenses | $150,537,000 | 9 |
| financial offenses | $232,680 | 3 |
| competition-related offenses | $74,800 | 1 |
| Top 5 Primary Offense Types | Penalty Total | Number of Records |
| consumer protection violation | $138,037,000 | 7 |
| discriminatory practices (non-employment) | $7,300,000 | 1 |
| mortgage abuses | $5,200,000 | 1 |
| banking violation | $232,680 | 3 |
| export control violation | $74,800 | 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  . |
| Student Loan Xpress, Inc. | consumer protection violation | 2009 | MULTI-AG | $112,825,000 |
| CIT Group/Equipment Financing, Inc. | consumer protection violation | 2005 | MULTI-AG | $10,000,000 |
| CIT Group, Inc., and CIT Bank, N.A., dba OneWest Bank | discriminatory practices (non-employment) | 2019 | HUD | $7,300,000 |
| CIT Group Inc. | mortgage abuses | 2018 | FED | $5,200,000 |
| CIT Technology Financing Services, Inc. | consumer protection violation | 2005 | NJ-AG | $4,360,000 |
| CIT Technology Financing Services, Inc. | consumer protection violation | 2004 | NY-AG | $4,200,000 |
| Student Loan Xpress, Inc. | consumer protection violation | 2010 | KY-AG | $3,600,000 |
| Student Loan Xpress, Inc. | consumer protection violation | 2007 | NY-AG | $3,000,000 |
| Mutual of Omaha Bank | banking violation | 2019 | OCC | $98,415 |
| CIT Bank, National Association | banking violation | 2020 | OCC | $82,500 |
| CIT Group Inc. | export control violation | 2005 | BIS | $74,800 |
| CIT Group | consumer protection violation | 2009 | NE-DBF | $52,000 |
| Mutual of Omaha Bank | banking violation | 2013 | OCC | $51,765 |
