Nextbank, National Association (FUID: 390-022-860), headquartered in Phoenix, AZ, has accumulated 7 enforcement actions from the Office of the Comptroller of the Currency over a 4-year period. The enforcement record includes actions against both the institution and 6 affiliated individuals.
Institutional Actions
Federal regulators have taken 1 direct action against the institution.
| Date | Action | Amount | Docket |
|---|---|---|---|
| Nov 15, 2001 | Prompt Corrective Action (PCA) Directive | — | — |
Individual Enforcement Actions
Regulators have issued 6 enforcement actions against individuals affiliated with the institution.
6 individuals received enforcement actions in 2005 alone, the highest single-year count in the institution's enforcement history.
| Date | Individual | Action | Amount |
|---|---|---|---|
| Aug 2, 2005 | Yinzi Cai | Prohibition/Removal | — |
| Aug 2, 2005 | John Hashman | Prohibition/Removal | — |
| Aug 2, 2005 | Jeremy Lent | Prohibition/Removal | — |
| Oct 5, 2005 | Robert Linderman | Cease-and-Desist Order | — |
| Oct 5, 2005 | Bruce Rigione | Cease-and-Desist Order | — |
| Dec 9, 2005 | Douglas Wachtel | Cease-and-Desist Order | — |
Institution Profile
Data Sources & Methodology
All enforcement actions cited in this article are sourced from the Office of the Comptroller of the Currency's public enforcement actions database. Docket numbers are reproduced as published. Dollar amounts reflect penalties and restitution as ordered; actual amounts paid may differ pursuant to settlement agreements or appeals. This article is generated programmatically from verified regulatory data and does not constitute legal or investment advice.