News Release 2020-136 | October 15, 2020
OCC Enforcement Actions and Terminations
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released new enforcement actions taken against national banks, federal savings associations, and individuals currently and formerly affiliated with national banks and federal savings associations.
All Cease and Desist Orders, Civil Money Penalty Orders, and Removal/Prohibition Orders are issued with the consent of the parties, unless otherwise indicated as a Decision and Order issued by the Comptroller of the Currency.
Copies of the final actions are available for download by viewing the searchable database of all public enforcement actions taken since August 1989 at http://apps.occ.gov/EnforcementActions.
View the current actions by selecting the enforcement actions below. You may also submit a request electronically to obtain copies through the OCC’s online FOIA site, https://foia-pal.occ.gov or by writing to the Comptroller of the Currency, Communications Division, Suite 3E-218, Washington, DC 20219. When ordering, please specify the appropriate enforcement action number.
Bank Civil Money Penalty Orders
No. | Name/Bank/City | State | Date |
---|---|---|---|
2020-052 | CIT Bank, National Association, Pasadena | California | 9/16/2020 |
2020-058 | Morgan Stanley Private Bank, National Association, Purchase | New York | 10/8/2020 |
2020-057 | Citibank, National Association, Sioux Falls | South Dakota | 10/7/2020 |
2020-059 | USAA Federal Savings Bank, San Antonio | Texas | 10/14/2020 |
2020-058 | Morgan Stanley Bank, National Association, Salt Lake City | Utah | 10/8/2020 |
Cease and Desist Orders
No. | Name/Bank/City | State | Date |
---|---|---|---|
2020-053 | GN Bank, Chicago | Illinois | 9/18/2020 |
2020-056 | Citibank, National Association, Sioux Falls | South Dakota | 10/7/2020 |
Civil Money Penalty Orders
No. | Name/Bank/City | State | Date |
---|---|---|---|
2020-049 | Tracy Kidd, Wells Fargo Bank, National Association, Sioux Falls | South Dakota | 9/21/2020 |
2020-050 | Kenneth Zimmerman, Wells Fargo Bank, National Association, Sioux Falls | South Dakota | 9/21/2020 |
2020-051 | Matthew Raphaelson, Wells Fargo Bank, National Association, Sioux Falls | South Dakota | 9/21/2020 |
Notices Filed
No. | Name/Bank/City | State | Date |
---|---|---|---|
N20-007 | Richard Usher, JPMorgan Chase Bank, National Association, Columbus | Ohio | 8/11/2020 |
N20-008 | Rohan Ramchandani, Citibank, National Association, Sioux Falls | South Dakota | 8/11/2020 |
Personal Cease and Desist Orders
No. | Name/Bank/City | State | Date |
---|---|---|---|
2020-049 | Tracy Kidd, Wells Fargo Bank, National Association, Sioux Falls | South Dakota | 9/21/2020 |
2020-050 | Kenneth Zimmerman, Wells Fargo Bank, National Association, Sioux Falls | South Dakota | 9/21/2020 |
Removal / Prohibition Orders
No. | Name/Bank/City | State | Date |
---|---|---|---|
2020-054 | Christian Rivera, Bank of America, National Association, Charlotte | North Carolina | 9/9/2020 |
2020-051 | Matthew Raphaelson, Wells Fargo Bank, National Association, Sioux Falls | South Dakota | 9/21/2020 |
Terminations of Existing Enforcement Actions
No. | Name/Bank/City/Old EA# | State | Date |
---|---|---|---|
2020-053 | C&D, GN Bank, Chicago (EA# 2015-033) | Illinois | 9/18/2020 |
2020-055 | PC&D, Scott Taylor, Caisse Nationale de Credit Agricole, New York (EA# 97-19) | New York | 8/27/2020 |
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