Violation Tracker Individual Record

Company: 
Santander Bank, National Association
Current Parent Company: 
Banco Santander
Penalty: 
$3,400,000
Year: 
2016
Date: 
February 8, 2016
Primary Offense: 
banking violation
Secondary Offense: 
mortgage abuses
Violation Description: 

The Office of the Comptroller of the Currency terminated mortgage servicing-related consent orders against U.S. Bank National Association and Santander Bank, N.A., and assessed civil money penalties against the banks for previous violations of the orders.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Office of the Comptroller of the Currency
Civil or Criminal Case: 
civil
Facility State: 
Delaware
Facility City: 
Wilmington
HQ Country of Parent: 
Spain
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking
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.