Violation Tracker Individual Record

Company: 
U.S. Bank National Association
Current Parent Company: 
U.S. Bancorp
Penalty: 
$51,900,000
Year: 
2014
Date: 
September 24, 2014
Primary Offense: 
banking violation
Violation Description: 

The Office of the Comptroller of the Currency assessed a $4 million civil money penalty against U.S. Bank National Association, Cincinnati, Ohio, and ordered restitution of $47.9 million to more than 420,000 consumer accounts.

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: 
Cincinnati
HQ Country of Parent: 
USA
HQ State of Parent: 
Minnesota
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.