Schnall v. Amboy National Bank
The U.S. Court of Appeals for the 3rd Circuit held that TISA/APY violations resulted from the way a financial institution disclosed a rate that was only applicable for a portion of the year.
Truth in Savings (TISA)
Penalties View All
$1,500
Tarboro Savings pays $1,500 flood penalty
Issued by FDIC
$39,000
Unity Bank pays $39,000 flood insurance penalty
Issued by FDIC
$320,500
Cadence Bank hit with flood insurance penalty tsunami
Issued by FDIC
$11,625
First Secure Bank and Trust pays flood penalty
Issued by FDIC
$6,000
Security State Bank pays $6K flood insurance penalty
Issued by FDIC
$105,500
Deutsche Bank Trust Company Americas pays flood penalty
Issued by FRB
$41,500
Customers Bank pays $41,500 flood insurance penalty
Issued by FRB
$17,000
Easthampton Savings Bank pays $17K flood insurance penalty
Issued by FRB
$4,950
North American Banking Company pays $4,950 flood penalty
Issued by FRB
$13,950
Evolve Bank & Trust pays $13,950 flood insurance penalty
Issued by FRB
$2,614,456
PNC Bank, NA, pays $2.6M for flood insurance violations
Issued by OCC
$3,620,000
Michigan bank pays $3.6 million for flood insurance penalties
Issued by OCC
$40,500
Washington Federal pays flood penalty
Issued by OCC
$193,105.50
The Federal Savings Bank pays $193K flood penalty
Issued by OCC
$382,500
USAA FSB pays $382,500 flood insurance penalty
Issued by OCC
$5,000,000 (net)
Bittrex, Inc., fined $5M for BSA Act violations
Issued by FinCEN
$9 million
CommunityBank of Texas fined for BSA/AML violations
$100,000,000
BitMEX gets $100M CMP for BSA violations
Issued by FinCEN
$390,000,000
Capital One, NA, pays $390M for BSA violations
Issued by FinCEN
$60 million
Bitcoin 'mixer' fined $60M for multiple BSA violations
Issued by FinCEN
$7,500,000
Bancorp Bank pays BSA/AML penalty
Issued by FDIC
$225,000
California Pacific Bank to pay BSA/AML penalty
Issued by FDIC
$1,250,000
Alma Bank - BSA/AML penalty
Issued by FDIC
$190,000
Banamex bankers get CMPs and prohibitions
Issued by FDIC
$40,000
TSB Bank pays CMP for CTR filing violations
Issued by FDIC
$55.4 million
National Bank of Pakistan pays $55.4M for AML violations
Issued by FRB, State Agency
$15 million
U.S. Bancorp pays $15M for BSA/AML failures
Issued by FRB
$29 million
Mega International Commercial Bank pays $29M BSA penalty
Issued by FRB, State Agency
$41 million
Deutsche Bank AG to pay $41M penalty for AML deficiencies
Issued by FRB
2.05B
JPMorgan Chase Bank, N.A.
$6,000,000
Sterling Bank and Trust FSB pays $6 million for failings
Issued by OCC
$9 million
CommunityBank of Texas fined for BSA/AML violations
$2,500,000
Washington Federal Bank pays $2.5M BSA/AML penalty
Issued by OCC
$39,000
NJ bank director and BSA officer pay for BSA violations
Issued by OCC
$5,000,000
First Abu Dhabi Bank USA pays BSA/AML penalty
Issued by OCC
$38 million
Interactive Brokers LLC paying $38M for BSA/AML failures
$12,500,000
Bank of China NY Branch gets BSA fine
$1,300,000
Aegis Capital assessed $1.3 million for SAR filing failures
$16.5 million
FINRA fines Credit Suisse Securities $16.5M for AML faults
Issued by FINRA
$300,000
Albert Fried & Company pays for SAR failures
Issued by SEC
$2,257,132
Popular Bank fined $2.3 million for fraudulent PPP loans
Issued by FRB
$362,158.70
Payward, Inc. settles with OFAC
Issued by OFAC
$425,000
Willamette Valley Bank pays $425,000 penalty
Issued by FDIC
$24,280,829.20
OFAC settles with Bittrex, Inc., for $24+ million
Issued by OFAC
$6,000,000
Sterling Bank & Trust, FSB pays civil money penalty
Issued by OCC
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