Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Chevy Chase Bank F.S.B.
Current Parent CompanyCapital One Financial
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $2,850,000
Year: 2013
Date: September 30, 2013
Offense Group: consumer-protection-related offenses
Primary Offense: mortgage abuses
Secondary Offense: discriminatory practices (non-employment)
Violation Description: The Justice Department filed a settlement agreement that resolved allegations that Chevy Chase Bank F.S.B. engaged in a pattern or practice of discrimination against qualified African-American and Hispanic borrowers in its home mortgage lending from 2006 through 2009.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Rights Division
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Virginia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.