OCC lists July enforcement actions

The OCC has released its August report of enforcement actions taken in July 2018 against institutions and institution-affiliated persons under its regulatory authority. Included were a previously-announced $3 million civil money penalty order and order to cease and desist and make restitution against TCF National Bank. Also listed were orders of prohibition against a former branch manager of Santander Bank, N.A., who was found to have made unauthorized withdrawals from a bank customer's account, and a former Wells Fargo Bank, N.A., teller who was found to have given at least 12 customers' account information to a third party, resulting in unauthorized charges to the customers' accounts and a loss to the bank of $67,994.