Ultimate Compliance Resource

Important Dates Image
IMPORTANT
DATES
Lending Thresholds Image
LENDING
THRESHOLDS
Laws & Regulations Image
LAWS &
REGULATIONS
Resources Image
RESOURCES
Penalties Image
PENALTIES
Enforcement Image
ENFORCEMENT

Lending Thresholds

Laws & Regulations

Banking Agency Regulations

  • Federal Banking Regulations (All Agencies)
  • Consumer Financial Protection Bureau Regulations (Please be careful not to delete this. It is a special link to other sections. If need to change ask a Developer)
  • Federal Reserve Board Regulations (Please be careful not to delete this. It is a special link to other sections. If need to change ask a Developer)
  • FDIC Insurance Membership and Insurance Regulations (Please be careful not to delete this. It is a special link to other sections. If need to change ask a Developer)

Other Agency Regulations

Laws

Penalties

  • CFPB (Please be careful not to delete this. It is a special link to other sections. If need to change ask a Developer)
  • FDIC (Please be careful not to delete this. It is a special link to other sections. If need to change ask a Developer)
  • OCC (National Banks) (Please be careful not to delete this. It is a special link to other sections. If need to change ask a Developer)
  • OCC (Federal Savings Associations) (Please be careful not to delete this. It is a special link to other sections. If need to change ask a Developer)
  • NCUA (Please be careful not to delete this. It is a special link to other sections. If need to change ask a Developer)
  • FRB (Please be careful not to delete this. It is a special link to other sections. If need to change ask a Developer)
  • FinCEN (Please be careful not to delete this. It is a special link to other sections. If need to change ask a Developer)

Enforcement Actions

  • FDIC Enforcement Actions
  • OCC Enforcement Actions
  • FRB Enforcement Actions
  • CFPB Enforcement Action
  • NCUA Enforcement Actions
  • Lending Compliance Enforcement Actions Chart (Please be careful not
    to delete this. It is a special link to other sections. If need to change ask a Developer)
  • Deposit Compliance Enforcement Actions Chart
    (Please be careful not
    to delete this. It is a special link to other sections. If need to change ask a Developer)
  • BSA Compliance Enforcement Actions Chart (Please
    be careful not to delete this. It is a special link to other sections. If need to change ask a Developer)

Federal Reserve Board Regulations

FDIC Insurance Membership and Insurance Regulations

CFPB

CFPB Civil Monetary Penalty Amounts (Adjusted 1/15/2021)

Inflation adjusted as required by the Federal Civil Penalties Inflation Adjustment Act of 1990

Law

Penalty Description 2020 Amount

2021

Amount

Consumer Financial Protection Act, 12 U.S.C. 5565(c)(2)(A) Tier 1 penalty

$5,883

$5,953

Consumer Financial Protection Act, 12 U.S.C. 5565(c)(2)(B) Tier 2 penalty

$29,416

$29,764

Consumer Financial Protection Act, 12 U.S.C. 5565(c)(2)(C) Tier 3 penalty

$1,176,638

$1,190,546

Interstate Land Sales Full Disclosure Act, 15 U.S.C. 1717a(a)(2) Per violation

$2,050

$2,074

Interstate Land Sales Full Disclosure Act, 15 U.S.C. 1717a(a)(2) Annual cap

$2,048,915

$2,073,133

Real Estate Settlement Procedures Act, 12 U.S.C. 2609(d)(1) Per failure

$96

$97

Real Estate Settlement Procedures Act, 12 U.S.C. 2609(d)(1) Annual cap

$192,768

$195,047

Real Estate Settlement Procedures Act, 12 U.S.C. 2609(d)(2)(A) Per failure, where intentional

$193

$195

SAFE Act, 12 U.S.C. 5113(d)(2) Per violation

$29,707

$30,058

Truth in Lending Act, 15 U.S.C. 1639e(k)(1) First violation

$11,767

$11,906

Truth in Lending Act, 15 U.S.C. 1639e(k)(2) Subsequent violations

$23,533

$23,811

FDIC

FDIC Civil Monetary Penalty Amounts (Adjusted 1/5/2021)

Inflation adjusted as required by the Federal Civil Penalties Inflation Adjustment Act of 1990

 

U.S. Code Citation

 

Penalty Description

 

Maximum

Through 1/5/20

 

Maximum

Beginning 1/5/21

12 U.S.C. 1464(v): Tier One

$4,098

$4,146

Tier Two

40,979

2,048,915

Tier Three

41,463

2,073,133

12 U.S.C. 1467(d)

10,245

10,366

12 U.S.C. 1817(a): Tier One                4,098               4,146
Tier Two

40,979

41,463

Tier Three

2,048,915

2,073,133

12 U.S.C. 1817(c): Tier One

3,747

3,791

Tier Two

37,458

37,901

Tier Three

1,872,957

1,895,095

12 U.S.C. 1818(i)(2): Tier One

10,245

10,366

Tier Two

51,222

51,827

Tier Three

2,048,915

2,073,133

12 U.S.C. 1820(e)(4)

9,365

9,476

12 U.S.C. 1820(k)(6)            337,016           341,000
12 U.S.C. 1828(a)(3)

127

129

12 U.S.C. 1828(h): For assessments <$10,000

127

129

12 U.S.C. 1829b(j)              21,410             21,633
12 U.S.C. 1832(c)

2,976

3,011

12 U.S.C. 1884

297

301

12 U.S.C. 1972(2)(F): Tier One

10,245

10,366

Tier Two

51,222

51,827

Tier Three

2,048,915

2,073,133

12 U.S.C. 3909(d)

2,549

2,5479

15 U.S.C. 78u-2: Tier One (individuals)

9,639

9,753

Tier One (others)

96,384

96,523

Tier Two (individuals)

96,384

96,523

Tier Two (others)

481,920

487,616

Tier Three (individuals)

192,768

195,047

Tier Three (others)

963,837

963,837

15 U.S.C. 1639e(k): First violation

11,767

11,906

Subsequent violations

23,533

23,811

31 U.S.C. 3802

11,665

11,803

42 U.S.C. 4012a(f)

2,226

2,252

12 CFR 308.132(e)(1)(i) First Offense:

$25 million or more assets:

1 to 15 days late

16 or more days late

 

 

562

1,124

 

 

569

1,137

Less than $25 million assets

1 to 15 days late

16 or more days late

 

188

374

 

190

378

12 CFR 308.132(e)(1)(ii). $25 million or more assets:

1 to 15 days late

16 or more days late

 

 

936

1,872

 

 

947

1,894

Less than $25 million in assets.

1 to 15 days late

16 or more days late

 

1/50,000th of the institution’s total assets

1/25,000th of the institution’s total assets

 

12 CRF 308.132(e)(2)

40,979

41,463

12 CFR 308.132(e)(3)

Tier One CMP

Tier Tow CMP

Tier Three CMP

4,098

40,979

2,048,915

4,146

41,463

2,073,133

OCC (National Banks)

OCC Civil Monetary Penalty Amounts For National Banks (Adjusted 1/1/2021)
Inflation adjusted as required by the Federal Civil Penalties Inflation Adjustment Act of 1990
 

U.S. Code Citation

 

Description and Tier

 

Maximum Penalty Amount*

 

12 U.S.C. 93(b) Violation of Various Provisions of the National Bank Act:
Tier 1 10,366
Tier 2 51,827
Tier 3 2,073,133**
12 U.S.C. 164 Violation of Reporting Requirements:
Tier 1 4,416
Tier 2 41,463
Tier 3 2,073,133**
12 U.S.C. 481 Refusal of Affiliate to Cooperate in Examination 10,366
12 U.S.C. 504 Violation of Various Provisions of the Federal Reserve Act:
Tier 1 10,366
Tier 2 51,827
Tier 3 2,073,133**
12 U.S.C. 1817(j)(16) Violation of Change in Bank Control Act:
Tier 1 10,366
Tier 2 51,827
Tier 3 2,073,133**
12 U.S.C. 1818(i)(2)*** Violation of Law, Unsafe or Unsound Practice, or Breach of Fiduciary Duty:
Tier 1 10,366
Tier 2 51,827
Tier 3 2,073,133**
12 U.S.C. 1820(k)(6)(A)(ii) Violation of Post-Employment Restrictions:
Per violation 341,000
12 U.S.C. 1832(c) Violation of Withdrawals by Negotiable or Transferable Instrument for Transfers to Third Parties:
Per violation 3,011
12 U.S.C. 1884 Violation of the Bank Protection Act 301
12 U.S.C. 1972(2)(F) Violation of Anti-Tying Provisions regarding Correspondent Accounts, Unsafe or Unsound Practices, or Breach of Fiduciary Duty:
Tier 1 10,366
Tier 2 51,827
Tier 3 2,073,133**
12 U.S.C. 3110(a) Violation of Various Provisions of the International Banking Act (Federal Branches and Agencies) 47,378
12 U.S.C. 3110(c) Violation of Reporting Requirements of the International Banking Act (Federal Branches and Agencies):
Tier 1 3,791
Tier 2 37,901
Tier 3 1,895,095**
12 U.S.C. 3909(d)(1) Violation of International Lending Supervision Act 2,579
15 U.S.C. 78u-2(b) Violation of Various Provisions of the Securities Act, the Securities Exchange Act, the Investment Company Act, or the Investment Advisers Act:
Tier 1 (natural person) – Per violation 9,753
Tier 1 (other person) – Per violation 97,253
Tier 2 (natural person) – Per violation 97,253
Tier 2 (other person) – Per violation 487,616
Tier 3 (natural person) – Per violation 195,047
Tier 3 (other person) – Per violation 975,230
15 U.S.C. 1639e(k) Violation of Appraisal Independence Requirements:
First violation 11,906
Subsequent violations 23,811
42 U.S.C. 4012a(f)(5) Flood Insurance:
Per violation 2,252
* The maximum penalty amount is per day, unless otherwise indicated.

**The maximum penalty amount for a national bank is the lesser of this amount or 1 percent of total assets.

*** These amounts also apply to CMPs in statutes that cross-reference 12 U.S.C. 1818, such as 12 U.S.C. 2804, 3108, 3349, 4309, and 4717 and 15 U.S.C. 1607, 1693o, 1681s, 1691c, and 1692 l.

OCC (Federal Savings Associations)

OCC Civil Monetary Penalty Amounts For Federal Savings Associations
Inflation adjusted as required by the Federal Civil Penalties
Inflation Adjustment Act of 1990 (Adjusted 1/1/2021)
 

U.S. Code Citation

 

Description and Tier

 

Maximum Penalty Amount*

 

12 U.S.C. 1464(v) Reports of condition:
Tier 1

4,164

Tier 2

41,463

Tier 3

2,073,133**

12 U.S.C. 1467(d) Refusal of Affiliate to Cooperate in Examination

10,366

12 U.S.C. 1467a(r) Late/Inaccurate Reports:
Tier 1

4,146

Tier 2

41,463

Tier 3

2,073,133**

12 U.S.C. 1817(j)(16) Violation of Change in Bank Control Act:
Tier 1

10,366

Tier 2

51,827

Tier 3

2,073,133**

12 U.S.C. 1818(i)(2)*** Violation of Law, Unsafe or Unsound Practice, or Breach of Fiduciary Duty:
Tier 1

10,366

Tier 2

51,827

Tier 3

2,073,133**

12 U.S.C. 1820(k)(6)(A)(ii) Violation of Post-Employment Restrictions:
Per violation

341,000

12 U.S.C. 1832(c) Violation of Withdrawals by Negotiable or Transferable Instrument for Transfers to Third Parties:
Per violation

2,737

12 U.S.C. 1884 Violation of the Bank Protection Act

301

12 U.S.C. 1972(2)(F) Violation of Anti-Tying Provisions regarding Correspondent Accounts, Unsafe or Unsound Practices, or Breach of Fiduciary Duty:
Tier 1

10,366

Tier 2

51,827

Tier 3

2,073,133**

15 U.S.C. 78u-2(b) Violation of Various Provisions of the Securities Act, the Securities Exchange Act, the Investment Company Act, or the Investment Advisers Act:
Tier 1 (natural person) – Per violation

9,753

Tier 1 (other person) – Per violation

97,523

Tier 2 (natural person) – Per violation

97,523

Tier 2 (other person) – Per violation

487,616

Tier 3 (natural person) – Per violation

195,047

Tier 3 (other person) – Per violation

975,230

15 U.S.C. 1639e(k) Violation of Appraisal Independence Requirements:
First violation

11,906

Subsequent violations

23,811

42 U.S.C. 4012a(f)(5) Flood Insurance:
Per violation

2,252

*The maximum penalty amount is per day, unless otherwise indicated.

** The maximum penalty amount for a national bank is the lesser of this amount or 1 percent of total assets.

***These amounts also apply to CMPs in statutes that cross-reference 12 U.S.C. 1818, such as 12 U.S.C. 2804, 3108, 3349, 4309, and 4717 and 15 U.S.C. 1607,  1681s, 1691c, and 1692 l.

NCUA

NCUA Civil Monetary Penalty Amounts (Adjusted 1/7/2021)

Inflation adjusted as required by the Federal Civil Penalties Inflation Adjustment Act of 1990

U.S. Code citation CMP description

New maximum amount

(1) 12 U.S.C. 1782(a)(3) Inadvertent failure to submit a report or the inadvertent submission of a false or misleading report

$4,146

(2) 12 U.S.C. 1782(a)(3) Non-inadvertent failure to submit a report or the non-inadvertent submission of a false or misleading report

$41,463

(3) 12 U.S.C. 1782(a)(3) Failure to submit a report or the submission of a false or misleading report done knowingly or with reckless disregard

$2,073,133 or 1 percent of the total assets of the credit union, whichever is less.

(4) 12 U.S.C. 1782(d)(2)(A) Tier 1 CMP for inadvertent failure to submit certified statement of insured shares and charges due to NCUSIF, or inadvertent submission of false or misleading statement

$3,791

(5) 12 U.S.C. 1782(d)(2)(B) Tier 2 CMP for non-inadvertent failure to submit certified statement or submission of false or misleading statement

$37,901

(6) 12 U.S.C. 1782(d)(2)(C) Tier 3 CMP for failure to submit a certified statement or the submission of a false or misleading statement done knowingly or with reckless disregard

$1,895,095 or 1 percent of the total assets of the credit union, whichever is less.

(7) 12 U.S.C. 1785(a)(3) Non-compliance with insurance logo requirements

$129

(8) 12 U.S.C. 1785(e) (3) Non-compliance with NCUA security requirements

$301

(9) 12 U.S.C. 1786(k)(2)(A) Tier 1 CMP for violations of law, regulation, and other orders or agreements

$10,366

(10) 12 U.S.C. 1786(k)(2)(A) Tier 2 CMP for violations of law, regulation, and other orders or agreements and for recklessly engaging in unsafe or unsound practices or breaches of fiduciary duty

$51,827

(11) 12 U.S.C. 1786(k)(2)(A) Tier 3 CMP for knowingly committing the violations under Tier 1 or 2 (natural person)

$2,073,133

(12) 12 U.S.C. 1786(k)(2)(A) Tier 3 CMP for knowingly committing the violations under Tier 1 or 2 (insured credit union)

$2,073,133 or 1 percent of the total assets of the credit union, whichever is less.

(13) 12 U.S.C. 1786(w)(5)(ii) Non-compliance with senior examiner post-employment restrictions

$341,000

(14) 15 U.S.C. 1639e(k) Non-compliance with appraisal independence requirements

First violation: $11,906 Subsequent violations: $23,811

(15) 42 U.S.C. 4012a(f)(5) Non-compliance with flood insurance requirements

$2,252

FRB

FRB Civil Monetary Penalty Amounts (Adjusted 1/13/2021)

Inflation adjusted as required by the Federal Civil Penalties Inflation Adjustment Act of 1990

 

U.S. Code Citation

 

Description and Tier

 

Maximum Penalty Amount 2020

 

 

Maximum Penalty Amount 2021

 

12 U.S.C. 324: Inadvertently late or misleading reports, inter alia 4,098 4,146
Other late or misleading reports, inter alia 40,979 41,463
Knowingly or reckless false or misleading reports, inter alia 2,049,915 2,073,133
12 U.S.C. 334 297 301
12 U.S.C. 374a 292 301
12 U.S.C. 504: First Tier 10,245 10,366
Second Tier 51,222 51,827
Third Tier 2,048,915 2,073,133
12 U.S.C. 505: First Tier 10,245 10,366
Second Tier 51,222 51,827
Third Tier 2,048,915 2,073,133
12 U.S.C. 1464(v)(4) 4,098 4,146
12 U.S.C. 1464(v)(5) 40,979 41,463
12 U.S.C. 1464(v)(6) 2,048,915 2,073,133
12 U.S.C. 1467a(i)(2) 51,222 51,827
12 U.S.C. 1467a(i)(3) 51,222 51,827
12 U.S.C. 1467a(r): First Tier 4,098 4,146
Second Tier 40,979 41,463
Third Tier 2,048,915 2,073,133
12 U.S.C. 1817(j)(16): First Tier 10,245 10,366
Second Tier 51,222 51,827
Third Tier 2,048,915 2,073,133
12 U.S.C. 1818(i)(2): First Tier 10,245 10,366
Second Tier 51,222 51,827
Third Tier 2,048,915 2,073,133
12 U.S.C. 1820(k)(6)(A)(ii) 337,016 341,000
12 U.S.C. 1832(c) 2,976 3,011
12 U.S.C. 1847(b) 51,222 51,827
12 U.S.C. 1847(d): First Tier 4,098 4,146
Second Tier 40,979 41,463
Third Tier 2,048,915 2,073,133
12 U.S.C. 1884 297 301
12 U.S.C. 1972(2)(F): First Tier 10,245 10,366
Second Tier 51,222 51,827
Third Tier 2,048,915 2,073,133
12 U.S.C. 3110(a) 46,825 47,378
12 U.S.C. 3110(c): First Tier 3,747 3,791
Second Tier 37,458 37,901
Third Tier 1,872,957 1,895,095
12 U.S.C. 3909(d) 2,549 2,579
15 U.S.C. 78u-2(b)(1): For a natural person 9,639 9753
For any other person 96,384 97,523
15 U.S.C. 78u-2(b)(2) For a natural person 96,384 97,523
For any other person 481,920 487,616
15 U.S.C. 78u-2(b)(3): For a natural person 192,786 195,047
For any other person 963,837 975,230
15 U.S.C. 1639e(k)(1) 11,767 11,906
15 U.S.C. 1639e(k)(2) 23,533 23,811
42 U.S.C. 4012a(f)(5) 2,226 2,252

 

FinCEN

Table 1 of 1010.821 – Penalty Adjustment Table
U.S Code Citation Civil monetary penalty description  Penalties as last amended by statue Maximum penalty amounts or range of minimum and maximum penalty amounts for penalties assessed on or after January 28, 2021
12 U.S.C 1829(j) Relating to Recordkeeping Violations for Funds Transfers $10,000 $21,663
12 U.S.C 1955 Willful or Grossly Negligent Recordkeeping Violations 10,000 21,663
31 U.S.C 531(k)(3)(C) Failure to Terminate Corresponding Relationship with Foreign Bank 10,000 14,653
31 U.S.C 5321(a)(1) General Civil Penalty 25,000 59,017
Provision for Willful Violations of Bank Secrecy Act Requirements -100,000 -236,071
31 U.S.C 5321(a)(5)(B)(i) Foreign Financial Agency Transaction-Non-Willful Violation of Transaction 10,000 13,640
31 U.S.C 5321(a)(5)(C)(i)(l) Foreign Financial Agency Transaction-Willful Violation of Transaction 100,000 136,399
31 U.S.C 5321(a)(6)(A) Negligent Violation by Financial Institution or Non-Financial Trade or Business 500 1,180
31 U.S.C 5321(a)(6)(B) Pattern of Negligent Activity by Financial Institution or Non-Financial Trade or Business 50,000 91,816
31 U.S.C 5321(a)(7) Violation of Certain Due Diligence Requirements, Prohibition on Corespondent Accounts for Shell Banks, and Special Measures 1,000,000 1,465,309
31 U.S.C 5330(e) Civil Penalty for Failure to Register as Money Transmitting Business 5,000 8,708

BSA Compliance Enforcement Actions Chart

Reg B Equal Credit Opportunity

Reg C Home Mortgage Disclosure

Reg O Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks

Compliance Resource, LLC offers not only premium education services from experienced and trusted industry professionals, we also offers free tools and information to help compliance professional stay up-to-date and comply with the ever-increasing rules and regulations applicable to their financial institutions. Our Ultimate Compliance Resource page is arguably the most information packed section on our website, providing information compliance professional need on a regular basis in one easy-to-use location, including:

  • Important Dates: Annual Compliance Tasks, Training Requirements, and Upcoming Compliance Effective Dates
  • Lending Thresholds: Lending Thresholds Affecting Applicability of Specific Regulations Adjusted Annually
  • Laws/Regulations: Links to Online Sources for Financial Industry Laws and Regulations
  • Resources: Links to Regulatory Agencies Websites and Specific Frequent-Use Regulatory Guidance
  • Penalties: Maximum Civil Money Penalties Charts (Updated Annually) for each Regulator
  • Enforcement Actions: Lending Enforcement Action Charts and Links to Links to FDIC, OCC , FRB, CFPB and NCUA Enforcement Action Resources.