Office Of The Comptroller Of The Currency Assesses Penalty Against Wells Fargo - Orders Restitution For Violations Of The Servicemembers Civil Relief Act

The Office of the Comptroller of the Currency (OCC) today assessed a $20 million civil money penalty against Wells Fargo Bank, N.A., and ordered the bank to make restitution to servicemembers who were harmed by the bank’s violations of the Servicemembers Civil Relief Act (SCRA).