Skip to content

U.S. Bancorp pays $15M for BSA/AML failures

Minneapolis, MN
Fine Amount: 
$15 million
Issued by: 

In coordination with actions taken today by the OCC, FinCEN and the U.S. Attorney's Office for the Southern District of New York against U.S. Bank, N.A., the Federal Reserve Board has announced it has issued an order to cease and desist and of assessment of a $15 million civil money penalty against U.S. Bancorp, parent holding company of U.S. Bank, N.A., for failings of its enterprise-wide BSA/AML compliance program.

Penalties View All

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Penalties