'
IMPORTANT
DATES
LENDING
THRESHOLDS
LAWS &
REGULATIONS
RESOURCES
PENALTIES
ENFORCEMENT
Ultimate Compliance Resource
IMPORTANT
DATES
LENDING
THRESHOLDS
LAWS &
REGULATIONS
RESOURCES
PENALTIES
ENFORCEMENT
Important Dates
Lending Thresholds
Laws & Regulations
Banking Agency Regulations
- Federal Banking Regulations (All Agencies)
- Consumer Financial Protection Bureau Regulations
- Federal Reserve Board Regulations
- FDIC Insurance Membership and Insurance Regulations
Other Agency Regulations
- BSA/AML Regulations
- Military Lending Act Regulations
- Garnishment of Accounts Containing Federal Benefit Payments
Laws
Resources
Appraisal Resources
- National Registry of Appraisers
- FDIC 5000 – Statements of Policy
- FDIC FAQ on the Appraisal Regulations and the Interagency Appraisal and Evaluation Guidelines
- FDIC Supervisory Expectations for Evaluations
- FDIC 2000 – Rules and Regulations
HMDA/CRA Resources
Regulatory Agencies
Penalties
- CFPB
- FDIC
- OCC (National Banks)
- OCC (Federal Savings Associations)
- NCUA
- FRB
Enforcement Actions
Consumer Financial Protection Bureau Regulations
- Reg B Equal Credit Opportunity
- Reg C Home Mortgage Disclosure
- Reg D Alternative Mortgage Transaction Parity
- Reg E Electronic Fund Transfers
- Reg F Fair Debt Collection Practices Act
- Reg G SAFE Act
- Reg H SAFE Act
- Reg I Disclosure Requirements for Depository Institutions Lacking Federal Deposit Insurance
- Reg J Land Registration
- Reg K Purchasers’ Revocation Rights, Sales Practices and Standards
- Reg L Special Rules of Practice
- Reg M Consumer Leasing
- Reg N Mortgage Acts and Practices – Advertising
- Reg O Mortgage Assistance Relief Services
- Reg P Privacy of Consumer Financial Information
- Reg V Fair Credit Reporting
- Reg X Real Estate Settlement Procedures Act
- Reg Z Truth In Lending
- Reg DD Truth In Savings
Federal Reserve Board Regulations
- Reg A Extensions of Credit by Federal Reserve Banks
- Reg D Reserve Requirements of Depository Institutions
- Reg F Limitations on Interbank Liabilities
- Reg G Disclosure and Reporting of CRA-Related Agreements
- Reg H Membership of State Banking Institutions in the Federal Reserve System
- Reg I Issue and Cancellation of Federal Reserve Bank Capital Stock
- Reg J Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers through Fedwire
- Reg K International Banking Operations
- Reg L Management Official Interlocks
- Reg N Relations with Foreign Banks and Bankers
- Reg O Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks
- Reg R Exceptions for Banks from the Definition of Broker in the Securities Exchange Act of 1934
- Reg S Reimbursement to Financial Institutions for Providing Financial Records; Recordkeeping Requirements for Certain Financial Records
- Reg T Credit by Brokers and Dealers
- Reg U Credit by Banks and Persons other than Brokers or Dealers for the Purpose of Purchasing or Carrying Margin Stock
- Reg V Fair Credit Reporting
- Reg W Transactions between Member Banks and Their Affiliates
- Reg X Borrowers of Securities Credit
- Reg Y Bank Holding Companies and Change in Bank Control
- Reg AA Unfair or Deceptive Acts or Practices
- Reg BB Community Reinvestment
- Reg CC Availability of Funds and Collection of Checks
- Reg EE Netting Eligibility for Financial Institutions
- Reg FF Obtaining and Using Medical Information in Connection with Credit
- Reg GG Prohibition on Funding of Unlawful Internet Gambling
- Reg II Debit Card Interchange Fees and Routing
- Reg KK Margin and Capital Requirements for Covered Swap Entities
- Reg LL Savings and Loan Holding Companies
- Reg MM Mutual Holding Companies
- Reg NN Retail Foreign Exchange Transactions
- Reg OO Securities Holding Companies
- Reg QQ Resolution Plans
FDIC Insurance Membership and Insurance Regulations
BSA/AML Regulations
CFPB
|
CFPB Civil Monetary Penalty Amounts (Adjusted 1/2019) Inflation adjusted as required by the Federal Civil Penalties Inflation Adjustment Act of 1990 |
|||
|
Law |
Penalty Description | 2018 Amount |
2019 Amount |
| Consumer Financial Protection Act, 12 U.S.C. 5565(c)(2)(A) | Tier 1 penalty |
$5,639 |
$5,781 |
| Consumer Financial Protection Act, 12 U.S.C. 5565(c)(2)(B) | Tier 2 penalty |
$28,195 |
$28,906 |
| Consumer Financial Protection Act, 12 U.S.C. 5565(c)(2)(C) | Tier 3 penalty |
$1,127,799 |
$1,156,242 |
| Interstate Land Sales Full Disclosure Act, 15 U.S.C. 1717a(a)(2) | Per violation |
$1,964 |
$2,014 |
| Interstate Land Sales Full Disclosure Act, 15 U.S.C. 1717a(a)(2) | Annual cap |
$1,963,870 |
$2,013,399 |
| Real Estate Settlement Procedures Act, 12 U.S.C. 2609(d)(1) | Per failure |
$92 |
$94 |
| Real Estate Settlement Procedures Act, 12 U.S.C. 2609(d)(1) | Annual cap |
$184,767 |
$189,427 |
| Real Estate Settlement Procedures Act, 12 U.S.C. 2609(d)(2)(A) | Per failure, where intentional |
$185 |
$190 |
| SAFE Act, 12 U.S.C. 5113(d)(2) | Per violation |
$28,474 |
$29,192 |
| Truth in Lending Act, 15 U.S.C. 1639e(k)(1) | First violation |
$11,279 |
$11,563 |
| Truth in Lending Act, 15 U.S.C. 1639e(k)(2) | Subsequent violations |
$22,556 |
$23,125 |
FDIC
| FDIC Civil Monetary Penalty Amounts (Adjusted 1/2019)
Inflation adjusted as required by the Federal Civil Penalties Inflation Adjustment Act of 1990 |
|||
|
U.S. Code Citation
|
Penalty Description |
Maximum Through 1/14/18 |
Maximum Beginning 1/15/19 |
| 12 U.S.C. 1464(v): | Tier One |
3,928 |
4,027 |
| Tier Two |
39,278 |
40,269 |
|
| Tier Three |
1,963,870 |
2,013,399 |
|
| 12 U.S.C. 1467(d) |
9,819 |
10,067 |
|
| 12 U.S.C. 1817(a): | Tier One |
$3,928 |
$4,027 |
| Tier Two |
39,278 |
40,269 |
|
| Tier Three |
1,963,870 |
2,013,399 |
|
| 12 U.S.C. 1817(c): | Tier One |
3,591 |
3,682 |
| Tier Two |
35,904 |
36,809 |
|
| Tier Three |
1,795,216 |
1,840,491 |
|
| 12 U.S.C. 1818(i)(2): | Tier One |
9,819 |
10,067 |
| Tier Two |
49,096 |
50,334 |
|
| Tier Three |
1,963,870 |
2,013,399 |
|
| 12 U.S.C. 1820(e)(4) |
8,977 |
9,203 |
|
| 12 U.S.C. 1820(k)(6) |
323,027 |
331,174 |
|
| 12 U.S.C. 1828(a)(3) |
122 |
125 |
|
| 12 U.S.C. 1828(h): | For assessments <$10,000 |
122 |
125 |
| 12 U.S.C. 1829b(j) |
20,521 |
21,039 |
|
| 12 U.S.C. 1832(c) |
2,852 |
2,924 |
|
| 12 U.S.C. 1884 |
285 |
292 |
|
| 12 U.S.C. 1972(2)(F): | Tier One |
9,819 |
10,067 |
| Tier Two |
49,096 |
50,334 |
|
| Tier Three |
1,963,870 |
2,013,399 |
|
| 12 U.S.C. 3909(d) |
2,443 |
2,505 |
|
| 15 U.S.C. 78u-2: | Tier One (individuals) |
9,239 |
9,472 |
| Tier One (others) |
92,383 |
94,713 |
|
| Tier Two (individuals) |
92,383 |
94,713 |
|
| Tier Two (others) |
461,916 |
473,566 |
|
| Tier Three (individuals) |
184,767 |
189,427 |
|
| Tier Three (others) |
923,831 |
947,130 |
|
| 15 U.S.C. 1639e(k): | First violation |
11,279 |
11,563 |
| Subsequent violations |
22,556 |
23,125 |
|
| 31 U.S.C. 3802 |
11,181 |
11,463 |
|
| 42 U.S.C. 4012a(f) |
2,133 |
2,187 |
|
| 12 CFR 308.132(c)—Late or Misleading Reports of Condition and Income (Call Reports): | First Offense:
$25 million or more assets: 1 to 15 days late 16 or more days late |
538 1,078 |
552 1,105 |
| Less than $25 million assets
1 to 15 days late 16 or more days late |
180 359 |
185 368 |
|
| Subsequent Offense:
$25 million or more assets: 1 to 15 days late 16 or more days late |
897 1,795 |
920 1,840 |
|
OCC (National Banks)
| OCC Civil Monetary Penalty Amounts For National Banks (Adjusted 1/2019) 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 | 10,067 | |
| Tier 2 | 50,334 | |
| Tier 3 | 2,013,399** | |
| 12 U.S.C. 164 | Violation of Reporting Requirements: | |
| Tier 1 | 4,027 | |
| Tier 2 | 40,269 | |
| Tier 3 | 2,013,399** | |
| 12 U.S.C. 481 | Refusal of Affiliate to Cooperate in Examination | 10,067 |
| 12 U.S.C. 504 | Violation of Various Provisions of the Federal Reserve Act: | |
| Tier 1 | 10,067 | |
| Tier 2 | 50,334 | |
| Tier 3 | 2,013,399** | |
| 12 U.S.C. 1817(j)(16) | Violation of Change in Bank Control Act: | |
| Tier 1 | 10,067 | |
| Tier 2 | 50,334 | |
| Tier 3 | 2,013,399** | |
| 12 U.S.C. 1818(i)(2)*** | Violation of Law, Unsafe or Unsound Practice, or Breach of Fiduciary Duty: | |
| Tier 1 | 10,067 | |
| Tier 2 | 50,334 | |
| Tier 3 | 2,013,399** | |
| 12 U.S.C. 1820(k)(6)(A)(ii) | Violation of Post-Employment Restrictions: | |
| Per violation | 331,174 | |
| 12 U.S.C. 1832(c) | Violation of Withdrawals by Negotiable or Transferable Instrument for Transfers to Third Parties: | |
| Per violation | 2,924 | |
| 12 U.S.C. 1884 | Violation of the Bank Protection Act | 292 |
| 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 | 10,067 | |
| Tier 2 | 50,344 | |
| Tier 3 | 2,013,399** | |
| 12 U.S.C. 3110(a) | Violation of Various Provisions of the International Banking Act (Federal Branches and Agencies) | 46,013 |
| 12 U.S.C. 3110(c) | Violation of Reporting Requirements of the International Banking Act (Federal Branches and Agencies): | |
| Tier 1 | 3,682 | |
| Tier 2 | 36,809 | |
| Tier 3 | 1,840,491** | |
| 12 U.S.C. 3909(d)(1) | Violation of International Lending Supervision Act | 2,505 |
| 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 | 9,472 | |
| Tier 1 (other person) – Per violation | 94,713 | |
| Tier 2 (natural person) – Per violation | 94,713 | |
| Tier 2 (other person) – Per violation | 473,566 | |
| Tier 3 (natural person) – Per violation | 189,427 | |
| Tier 3 (other person) – Per violation | 947,130 | |
| 15 U.S.C. 1639e(k) | Violation of Appraisal Independence Requirements: | |
| First violation | 11,563 | |
| Subsequent violations | 23,125 | |
| 42 U.S.C. 4012a(f)(5) | Flood Insurance: | |
| Per violation | 2,187 | |
| * 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 1/2019) |
||
|
U.S. Code Citation |
Description and Tier |
Maximum Penalty Amount*
|
| 12 U.S.C. 1464(v) | Reports of condition: | |
| Tier 1 |
4,027 |
|
| Tier 2 |
40,269 |
|
| Tier 3 |
2,013,399** |
|
| 12 U.S.C. 1467(d) | Refusal of Affiliate to Cooperate in Examination |
10,067 |
| 12 U.S.C. 1467a(r) | Late/Inaccurate Reports: | |
| Tier 1 |
4,027 |
|
| Tier 2 |
40,269 |
|
| Tier 3 |
2,013,399** |
|
| 12 U.S.C. 1817(j)(16) | Violation of Change in Bank Control Act: | |
| Tier 1 |
10,067 |
|
| Tier 2 |
50,334 |
|
| Tier 3 |
2,013,399** |
|
| 12 U.S.C. 1818(i)(2)*** | Violation of Law, Unsafe or Unsound Practice, or Breach of Fiduciary Duty: | |
| Tier 1 |
10,067 |
|
| Tier 2 |
50,334 |
|
| Tier 3 |
2,013,399** |
|
| 12 U.S.C. 1820(k)(6)(A)(ii) | Violation of Post-Employment Restrictions: | |
| Per violation |
331,174 |
|
| 12 U.S.C. 1832(c) | Violation of Withdrawals by Negotiable or Transferable Instrument for Transfers to Third Parties: | |
| Per violation |
2,658 |
|
| 12 U.S.C. 1884 | Violation of the Bank Protection Act |
292 |
| 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 |
10,067 |
|
| Tier 2 |
50,334 |
|
| Tier 3 |
2,013,399** |
|
| 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 |
9,472 |
|
| Tier 1 (other person) – Per violation |
94,713 |
|
| Tier 2 (natural person) – Per violation |
94,713 |
|
| Tier 2 (other person) – Per violation |
473,566 |
|
| Tier 3 (natural person) – Per violation |
189,427 |
|
| Tier 3 (other person) – Per violation |
947,130 |
|
| 15 U.S.C. 1639e(k) | Violation of Appraisal Independence Requirements: | |
| First violation |
11,563 |
|
| Subsequent violations |
23,125 |
|
| 42 U.S.C. 4012a(f)(5) | Flood Insurance: | |
| Per violation |
2,187 |
|
| *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 1/2019) 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 |
$4,027 |
| (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 |
$40,269 |
| (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 |
$2,013,399 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 |
$3,682 |
| (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 |
$36,809 |
| (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 |
$1,840,491 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 |
$125 |
| (8) 12 U.S.C. 1785(e) (3) | Non-compliance with NCUA security requirements |
$292 |
| (9) 12 U.S.C. 1786(k)(2)(A) | Tier 1 CMP for violations of law, regulation, and other orders or agreements |
$10,067 |
| (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 |
$50,334 |
| (11) 12 U.S.C. 1786(k)(2)(A) | Tier 3 CMP for knowingly committing the violations under Tier 1 or 2 (natural person) |
$2,013,399 |
| (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) |
$2,013,399 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 |
$331,174 |
| (14) 15 U.S.C. 1639e(k) | Non-compliance with appraisal independence requirements |
First violation: $11,563 Subsequent violations: $23,125 |
| (15) 42 U.S.C. 4012a(f)(5) | Non-compliance with flood insurance requirements |
$2,187 |
FRB
|
FRB Civil Monetary Penalty Amounts (Adjusted 2/2019) Inflation adjusted as required by the Federal Civil Penalties Inflation Adjustment Act of 1990 |
|||
|
U.S. Code Citation |
Description and Tier |
Maximum Penalty Amount 2018
|
Maximum Penalty Amount 2019
|
| 12 U.S.C. 324: | Inadvertently late or misleading reports, inter alia | 3,928 | 4,027 |
| Other late or misleading reports, inter alia | 39,278 | 40,296 | |
| Knowingly or reckless false or misleading reports, inter alia | 1,963,870 | 2,013,399 | |
| 12 U.S.C. 334 | 285 | 292 | |
| 12 U.S.C. 374a | 285 | 292 | |
| 12 U.S.C. 504: | First Tier | 9,819 | 10,067 |
| Second Tier | 49,096 | 50,334 | |
| Third Tier | 1,963,870 | 2,013,399 | |
| 12 U.S.C. 505: | First Tier | 9,819 | 10,067 |
| Second Tier | 49,096 | 50,334 | |
| Third Tier | 1,963,870 | 2,013,399 | |
| 12 U.S.C. 1464(v)(4) | 3,928 | 4,027 | |
| 12 U.S.C. 1464(v)(5) | 39,278 | 40,269 | |
| 12 U.S.C. 1464(v)(6) | 1,963,870 | 2,013,399 | |
| 12 U.S.C. 1467a(i)(2) | 49,096 | 50,334 | |
| 12 U.S.C. 1467a(i)(3) | 49,096 | 50,334 | |
| 12 U.S.C. 1467a(r): | First Tier | 3,928 | 4,027 |
| Second Tier | 39,278 | 40,269 | |
| Third Tier | 1,963,870 | 2,013,399 | |
| 12 U.S.C. 1817(j)(16): | First Tier | 9,819 | 10,067 |
| Second Tier | 49,096 | 50,334 | |
| Third Tier | 1,963,870 | 2,013,399 | |
| 12 U.S.C. 1818(i)(2): | First Tier | 9,819 | 10,067 |
| Second Tier | 49,096 | 50,334 | |
| Third Tier | 1,963,870 | 2,013,399 | |
| 12 U.S.C. 1820(k)(6)(A)(ii) | 323,027 | 331,174 | |
| 12 U.S.C. 1832(c) | 2,852 | 2,924 | |
| 12 U.S.C. 1847(b) | 49,096 | 50,334 | |
| 12 U.S.C. 1847(d): | First Tier | 3,928 | 4,027 |
| Second Tier | 39,278 | 40,269 | |
| Third Tier | 1,963,870 | 2,013,399 | |
| 12 U.S.C. 1884 | 285 | 292 | |
| 12 U.S.C. 1972(2)(F): | First Tier | 9,819 | 10,067 |
| Second Tier | 49,096 | 50,334 | |
| Third Tier | 1,963,870 | 2,013,399 | |
| 12 U.S.C. 3110(a) | 44,881 | 46,013 | |
| 12 U.S.C. 3110(c): | First Tier | 3,591 | 3,682 |
| Second Tier | 35,904 | 36,809 | |
| Third Tier | 1,795,216 | 1,840,491 | |
| 12 U.S.C. 3909(d) | 2,443 | 2,505 | |
| 15 U.S.C. 78u-2(b)(1): | For a natural person | 9,239 | 9,472 |
| For any other person | 92,383 | 94,713 | |
| 15 U.S.C. 78u-2(b)(2) | For a natural person | 92,383 | 94,713 |
| For any other person | 461,916 | 473,566 | |
| 15 U.S.C. 78u-2(b)(3): | For a natural person | 184,767 | 189,427 |
| For any other person | 923,831 | 947,130 | |
| 15 U.S.C. 1639e(k)(1) | 11,279 | 11,563 | |
| 15 U.S.C. 1639e(k)(2) | 22,556 | 23,125 | |
| 42 U.S.C. 4012a(f)(5) | 2,133 | 2,187 | |