Violation Tracker Individual Record
Company:
US Bank NA
Current Parent Company:
U.S. Bancorp
Penalty:
$33,500
Year:
2003
Date:
February 11, 2003
Offense Group:
consumer-protection-related offenses
Primary Offense:
consumer protection violation
Violation Description:
The New York Attorney General reached an agreement with ten banks to stop allowing their credit cards to be used for online gambling. The banks also agreed to pay a total of $335,000. The announcement did not specify how that amount would be divided among the banks. Here we assume it was split evenly among them.
Level of Government:
state
Action Type:
agency action
Agency:
New York Attorney General
Civil or Criminal Case:
civil
Facility State:
New York
HQ Country of Parent:
USA
HQ State of Parent:
Minnesota
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
banking
Source of Data:
https://web.archive.org/web/20101115234741/http://www.ag.ny.gov/media_center/2003/feb/feb11b_03.html
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
