restitution

OR bank hit with $1.8 million fine over unfair, deceptive practices; also paid $1.6 million in restitution

May 10, 2021 0

Umpqua Bank of Roseburg, Ore., was ordered last week to pay a $1.8 million civil money penalty by a banking agency that cited it for deceptive and/or unfair practices related to certain collection fees and […]

BCFP says Santander to pay $9.29 million to gap insurance purchasers, $2.5 million penalty

November 20, 2018 0

A company that sold a gap insurance product as an add-on to its auto loan products will pay restitution and a civil money penalty over deceptive practices in its product marketing and misrepresentation of the […]

Restitution of $20 million set aside – and penalties assessed – to pay for bank’s unfair, deceptive practices

March 28, 2018 0

Although the exact amount of restitution has not yet been finally determined, $20 million to provide restitution to harmed consumers has been placed in a segregated account, and fines of more than $1 million have […]

OR bank hit with $1.8 million fine over unfair, deceptive practices; also paid $1.6 million in restitution

BCFP says Santander to pay $9.29 million to gap insurance purchasers, $2.5 million penalty

Restitution of $20 million set aside – and penalties assessed – to pay for bank’s unfair, deceptive practices

Fed extends PPP loan rule third time to permit loans to bank directors, shareholders

Final derivatives rule, insurance fund actions on credit union regulator board’s agenda

Fraud alleged at failed IN newspaper credit union, NCUA report shows

FDIC readies reg relief for FIs affected by TN storms, tornadoes, flooding