share$1,500
First & Peoples pays $1,500 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
Banker Tools View All
A collection of useful resources for various areas of the bank which have been developed by members of the BankersOnline staff or have been created and contributed by users of the BankersOnline site.
Banker ToolsPenalties View All
$447,125
Oriental Bank pays $447,125 for flood insurance violations
Issued by FDIC
$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
$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