Violation Tracker Individual Record

Company: 
JPMorgan Chase Bank, National Association
Current Parent Company: 
JPMorgan Chase
Penalty: 
$60,000,000
Year: 
2013
Date: 
September 18, 2013
Primary Offense: 
banking violation
Violation Description: 

The Office of the Comptroller of the Currency assessed a $60 million penalty against JPMorgan Chase Bank, N.A., Columbus, Ohio, and Chase Bank USA, N.A., Wilmington, Delaware, and ordered the bank to make restitution to millions of consumers who were unfairly billed for, and paid for, identity theft protection that they did not receive.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Office of the Comptroller of the Currency
Civil or Criminal Case: 
civil
Facility State: 
Ohio
Facility City: 
Columbus
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
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.