OCC and Fed adjust CMP maximums for 2025

OCC Bulletin 2025-1, issued Friday, announces publication [90 FR 1848] in the Federal Register of a schedule of maximum civil money penalties applicable to national banks and federal savings associations as adjusted for inflation. The adjusted maximum amount of civil money penalties in this announcement are applicable to penalties assessed on or after January 10, 2025, for conduct occurring on or after November 2, 2015.

The Federal Reserve Board has published [90 FR 2607 in today's Federal Register] a similar notice adjusting the maximum civil money penalties for 2025 for violations by banks and holding companies for which the Federal Reserve System is their primary federal regulator.