share$447,125
Oriental Bank pays $447,125 for flood insurance violations
Issued by FDIC
Servicemembers Civil Relief Act [50 USC 3901 et seq]
Reg Letter:
SCRA
Issuing Agency:
Reg info:
50 U.S.C. 3901 et seq.(amends/rewrites the Soldiers' and Sailors' Civil Relief Act of 1940)Editor's Note: Section numbers below conform to those used in U.S. Code citations to the Act. Previously found at 50 App. USC 501 et seq., it has been moved to a new Chapter 50 of Title 50, with sections numbered from 3901 through 4043. For a CROSS-REFERENCE TABLE of section numbers in the Act to those in the old 50 App U.S.C. citations and the new 50 U.S.C. citations, click HERE.
- § 3901. Short Title
- § 3902. Purpose
- Subchapter I--General Provisions
- § 3911. Definitions.
- § 3912. Jurisdiction and applicability of chapter.
- § 3913. Protection of persons secondarily liable.
- § 3914. Extension of protections to citizens serving with allied forces
- § 3915. Notification of benefits.
- § 3916. Information for member of the Armed Forces and their dependents on rights and protections of the Servicemembers Civil Relief Act
- § 3917. Extension of rights and protections to Reserves ordered to report for military service and to persons ordered to report for induction.
- § 3918. Waiver of rights pursuant to written agreement.
- § 3919. Exercise of rights under chapter not to affect certain future financial transactions.
- § 3920. Legal representatives
- Subchapter II--General Relief
- § 3931. Protection of servicemembers against default judgments.
- § 3932. Stay of proceedings when servicemember has notice.
- § 3933. Fines and penalties under contracts
- § 3934. Stay or vacation of execution of judgments, attachments, and garnishments.
- § 3935. Duration and term of stays; codefendants not in service.
- § 3936. Statute of limitations.
- § 3937. Maximum rate of interest on debts incurred before military service.
- § 3938. Child custody protection
- Subchapter III--Rent, Installment Contracts, Mortgages, Liens, Assignment, Leases, Telephone Service Contracts
- § 3951. Evictions and distress
- § 3952. Protection under installment contracts for purchase or lease.
- § 3953. Mortgages and trust deeds
- § 3954. Settlement of stayed cases relating to personal property
- § 3955. Termination of residential or motor vehicle leases.
- § 3956. Termination of telephone service contracts
- § 3957. Protection of life insurance policy
- § 3958. Enforcement of storage liens.
- § 3959. Extension of protections to dependents
- Subchapter IV--Life Insurance
- § 3971. Definitions
- § 3972. Insurance rights and protections
- § 3973. Application for insurance protection
- § 3974. Policies entitled to protection and lapse of policies
- § 3975. Policy restrictions
- § 3976. Deduction of unpaid premiums
- § 3977. Premiums and interest guaranteed by United States
- § 3978. Regulations
- § 3979. Review of findings of fact and conclusions of law
- Subchapter V--Taxes and Public Lands
- § 3991. Taxes respecting personal property, money, credits, and real property
- § 3992. Rights in public lands
- § 3993. Desert-land entries
- § 3994. Mining claims
- § 3995. Mineral permits and leases
- § 3996. Perfection or defense of rights
- § 3997. Distribution of information concerning benefits of subchapter
- § 3998. Land rights of servicemembers
- § 3999. Regulations
- § 4000. Income taxes
- § 4001. Residence for tax purposes
- Subchapter VI--Administrative Remedies
- § 4011. Inappropriate use of chapter
- § 4012. Certificates of service; persons reported missing
- § 4013. Interlocutory orders
- Subchapter VII--Further Relief
- § 4021. Anticipatory relief
- § 4022. Power of attorney
- § 4023. Professional liability protection
- § 4024. Health insurance reinstatement
- § 4025. Guarantee of residency for military personnel and spouses of military personnel
- § 4026. Business or trade obligations
- Subchapter VIII -- Civil Liability
- § 4041. Enforcement by the Attorney General
- § 4042. Private right of action
- § 4043. Preservation of remedies
- Cross-reference table: Act to USC sections
First published on:
01/27/2014
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Banker ToolsPenalties View All
$1,500
Spring Valley Bank pays $1,500 for flood insurance rules violations
Issued by FDIC
$13,000
CNB Bank pays $13,000 for flood insurance rules violations
Issued by FDIC
$80,500
Guaranty Bank and Trust pays $80,500 flood insurance penalty
Issued by FDIC
$2,000
Collins State Bank pays $2,000 for flood insurance violations
Issued by FDIC
$31,000
Opportunity Bank of Montana pays $31,000 for flood insurance violations
Issued by FRB
$70,000
First Interstate Bank pays $70,000 flood insurance penalty
Issued by FRB
$4,800
North Shore Bank of Commerce pays $4,800 for flood insurance violations
Issued by FRB
$9,600
Select Bank pays $9,600 for flood insurance violations
Issued by FRB
$2,945,500
Regions Bank pays $2.95M for flood insurance violations
Issued by FRB
$2,614,456
PNC Bank, NA, pays $2.6M for flood insurance violations
Issued by OCC
$3,620,000
Michigan bank pays $3.6 million for flood insurance penalties
Issued by OCC
$40,500
Washington Federal pays flood penalty
Issued by OCC
$193,105.50
The Federal Savings Bank pays $193K flood penalty
Issued by OCC
$382,500
USAA FSB pays $382,500 flood insurance penalty
Issued by OCC
$3 BILLION
TD Bank to pay $3 billion and restrict growth for BSA/AML deficiencies
$100,000
Former credit union BSA officer fined $100K for multiple BSA violations
Issued by FinCEN
$25 million
Shinhan Bank America fined $25M by FDIC, FinCEN, and NYSDFS
Issued by FDIC, FinCEN, State Agency
$15 million
Puerto Rican IBE pays $15M for willful BSA violations
Issued by FinCEN
$1,500,000
Kingdom Trust Company pays $1.5M BSA penalty
Issued by FinCEN
$600,000
Bank of Morton ordered to pay $600,000 for BSA violations
Issued by FDIC
$25 million
Shinhan Bank America fined $25M by FDIC, FinCEN, and NYSDFS
Issued by FDIC, FinCEN, State Agency
$7,500,000
Bancorp Bank pays BSA/AML penalty
Issued by FDIC
$225,000
California Pacific Bank to pay BSA/AML penalty
Issued by FDIC
$1,250,000
Alma Bank - BSA/AML penalty
Issued by FDIC
$3 BILLION
TD Bank to pay $3 billion and restrict growth for BSA/AML deficiencies
$29,478,676
Metropolitan Commercial Bank fined $29.5M for CIP and vendor risk deficiencies
Issued by FRB, State Agency
$55.4 million
National Bank of Pakistan pays $55.4M for AML violations
Issued by FRB, State Agency
$15 million
U.S. Bancorp pays $15M for BSA/AML failures
Issued by FRB
$29 million
Mega International Commercial Bank pays $29M BSA penalty
Issued by FRB, State Agency
$3 BILLION
TD Bank to pay $3 billion and restrict growth for BSA/AML deficiencies
$6,000,000
Sterling Bank and Trust FSB pays $6 million for failings
Issued by OCC
$9 million
CommunityBank of Texas fined for BSA/AML violations
$2,500,000
Washington Federal Bank pays $2.5M BSA/AML penalty
Issued by OCC
$39,000
NJ bank director and BSA officer pay for BSA violations
Issued by OCC
$38 million
Interactive Brokers LLC paying $38M for BSA/AML failures
$12,500,000
Bank of China NY Branch gets BSA fine
$1,300,000
Aegis Capital assessed $1.3 million for SAR filing failures
$16.5 million
FINRA fines Credit Suisse Securities $16.5M for AML faults
Issued by FINRA
$300,000
Albert Fried & Company pays for SAR failures
Issued by SEC
$20M plus $7.76M redress
CFPB orders TD Bank, N.A. to pay $27.76 million for credit reporting violations
Issued by CFPB
$7,452,501
State Street settles for $7.5M penalty with OFAC
Issued by OFAC
$6,097.72
Utah bank fined for failure to pay FDIC assessment
Issued by FDIC
$250,000,000
OCC fines JPMorgan Chase Bank, N.A. for inadequate monitoring
Issued by OCC
$98,167,980
Fed fines JPMorgan Chase & Co. $98.2M for inadequate monitoring
Issued by FRB