Violation Tracker Individual Record

Company: 
Citibank, N.A.
Current Parent Company: 
Citigroup
Penalty: 
$35,000,000
Year: 
2015
Date: 
July 20, 2015
Primary Offense: 
banking violation
Violation Description: 

The Office of the Comptroller of the Currency assessed a $35 million penalty against Citibank, N.A., Sioux Falls, South Dakota, and its affiliate, Department Stores National Bank, Sioux Falls, South Dakota and ordered the bank to identify and make restitution to harmed customers.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Office of the Comptroller of the Currency
Civil or Criminal Case: 
civil
Facility State: 
South Dakota
Facility City: 
Sioux Falls
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.