OCC Assesses $350 Million Civil Money Penalty Against American Express

The Office of the Comptroller of the Currency (OCC) today announced a cease-and-desist order and a $350 million civil money penalty against American Express National Bank, Sandy, Utah (bank), for deficiencies in the bank's Bank Secrecy Act (BSA) and anti-money laundering (AML) compliance program.

Cents Chronicle Newsdesk
Cents Chronicle Newsdesk
 Oct 8, 2026  0
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OCC Assesses $350 Million Civil Money Penalty Against American Express

The Office of the Comptroller of the Currency (OCC) today announced a cease-and-desist order and a $350 million civil money penalty against American Express National Bank, Sandy, Utah (bank), for deficiencies in the bank's Bank Secrecy Act (BSA) and anti-money laundering (AML) compliance program.

This story was originally published by Office of the Comptroller of the Currency. Use the link below to read the full article at the source.

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