Violation Tracker Individual Record

Company: 
Bank of America, National Association
Current Parent Company: 
Bank of America
Penalty: 
$25,000,000
Year: 
2014
Date: 
April 7, 2014
Primary Offense: 
banking violation
Secondary Offense: 
credit card violation
Violation Description: 

The Office of the Comptroller of the Currency assessed a $25 million penalty against Bank of America, N.A., Charlotte, North Carolina, and its credit card subsidiary FIA Card Services, N.A.

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.