Violation Tracker Parent Company Summary

Parent Company Name: 
U.S. Bancorp
Ownership Structure: 
publicly traded (ticker symbol USB)
Headquartered in: 
Minnesota
Major Industry: 
financial services
Specific Industry: 
banking
Penalty total since 2000: 
$1,281,184,759
Number of records: 
37
Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
financial offenses$970,717,86218
government-contracting-related offenses$200,000,0001
consumer-protection-related offenses$76,322,3259
employment-related offenses$34,144,5729
Top 5 Primary Offense TypesPenalty TotalNumber of Records
anti-money-laundering deficiencies$598,000,0003
banking violation$303,565,4218
False Claims Act and related$200,000,0001
consumer protection violation$55,633,5003
mortgage abuses$34,600,0003
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.

Associated Names: 

U.S. Bancorp; U.S. Bancorp Investments, Inc.; U.S. Bank Pension Plan; US BANK; US BANK MUNICIPAL SECURITIES GROUP; US Bank NA

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.
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)
Company Primary Offense Type Yearsort icon Agency Penalty Amount
US Bank privacy violation 2000 MULTI-AG $2,000,000
US Bank NA consumer protection violation 2003 NY-AG $33,500
U.S. Bank National Association investor protection violation 2005 SEC $500,000
U.S. Bancorp consumer protection violation 2005 CA-AG $2,600,000
U.S. Bancorp discriminatory practices (non-employment) 2005 private lawsuit-federal $2,495,000
U.S. Bank National Association banking violation 2006 OCC $125,000
U.S. Bancorp wage and hour violation 2006 WHD $140,788
U.S. Bank wage and hour violation 2008 WHD $140,787
U.S. Bank, National Association mortgage abuses 2011 HUD $1,200,000
U.S. Bank Pension Plan benefit plan administrator violation 2012 private lawsuit-federal $9,600,000
U.S. Bank banking violation 2013 CFPB $3,200,000
U.S. Bank banking violation 2013 OCC $208,156,501
U.S. Bank National Association discriminatory practices (non-employment) 2013 HUD $12,000
U.S. Bank consumer protection violation 2014 CFPB $53,000,000
U.S. Bank National Association banking violation 2014 OCC $51,900,000
U.S. Bank False Claims Act and related 2014 DOJ_CIVIL $200,000,000
U.S. Bank National Association discriminatory practices (non-employment) 2014 HUD $11,489
US BANK wage and hour violation 2014 IL-DOL $131,922
U.S. Bancorp wage and hour violation 2014 private lawsuit-federal $6,450,000
U.S. Bank National Association investor protection violation 2015 CFTC $18,000,000
U.S. Bank Municipal Securities Group investor protection violation 2015 SEC $60,000
U.S. Bank wage and hour violation 2015 private lawsuit-federal $3,031,075
U.S. Bank National Association banking violation 2016 OCC $10,000,000
US Bank housing code violation 2016 CA-LACA $13,500,000
U.S. Bank National Association banking violation 2017 OCC $15,000,000
U.S. Bank National Association banking violation 2017 OCC $183,920
U.S. Bancorp wage and hour violation 2017 private lawsuit-federal $7,000,000
U.S. Bancorp wage and hour violation 2017 private lawsuit-federal $1,150,000
U.S. Bancorp mortgage abuses 2018 FED $4,400,000
US Bancorp banking violation 2018 FED $15,000,000
U.S. Bancorp anti-money-laundering deficiencies 2018 USAO $453,000,000
U.S. Bank National Association anti-money-laundering deficiencies 2018 OCC $75,000,000
U.S. Bank National Association anti-money-laundering deficiencies 2018 FINCEN $70,000,000
U.S. Bank privacy violation 2019 private lawsuit-federal $2,670,336
U.S. Bancorp Investments, Inc. investor protection violation 2020 SEC $15,992,441
U.S. Bank National Association wage and hour violation 2020 private lawsuit-federal $6,500,000
U.S. Bank National Association mortgage abuses 2020 DOJ_UTP $29,000,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)