Violation Tracker Individual Record
Company:
Bank of America, National Association
Current Parent Company:
Bank of America
Penalty:
$30,000,000
Year:
2015
Date:
May 29, 2015
Offense Group:
financial offenses
Primary Offense:
banking violation
Violation Description:
The Office of the Comptroller of the Currency assessed a $30 million civil money penalty against Bank of America, National Association, and ordered remediation to approximately 73,000 affected customer accounts.
Level of Government:
federal
Action Type:
agency action
Agency:
Office of the Comptroller of the Currency
Civil or Criminal Case:
civil
Facility State:
North Carolina
Facility City:
Charlotte
HQ Country of Parent:
USA
HQ State of Parent:
North Carolina
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.
