City National Bank (FUID: 390-063-069), headquartered in Los Angeles, CA, has accumulated 15 enforcement actions from the Office of the Comptroller of the Currency over a 32-year period, resulting in $65.8M in combined civil money penalties and restitution orders. The enforcement record includes actions against both the institution and 8 affiliated individuals.
Institutional Actions
Federal regulators have taken 7 direct actions against the institution, with the costliest period being the 2020s, when $65.0M in penalties were levied. The single largest action — a civil Money Penalty of $65,000,000 (Docket AA-ENF-2024-07) — was issued on Jan 31, 2024.
Other significant actions include a $750,000 civil Money Penalty on Feb 23, 2005 (Docket AA-EC-05-13), a $5,250 civil Money Penalty on May 3, 2010 (Docket AA-WE-10-26).
| Date | Action | Amount | Docket |
|---|---|---|---|
| Nov 18, 1992 | Formal Agreement | — | — |
| Feb 23, 2005 | Cease-and-Desist Order | — | — |
| Feb 23, 2005 | Civil Money Penalty | $750,000 | AA-EC-05-13 |
| May 3, 2010 | Civil Money Penalty | $5,250 | AA-WE-10-26 |
| Jun 4, 2023 | GLBA Agreement | — | — |
| Jan 31, 2024 | Cease-and-Desist Order | — | AA-ENF-2024-08 |
| Jan 31, 2024 | Civil Money Penalty | $65,000,000 | AA-ENF-2024-07 |
Individual Enforcement Actions
Regulators have issued 8 enforcement actions against individuals affiliated with the institution, the majority being prohibition and removal orders barring persons from the banking industry.
Notable individual actions include a $12,785 penalty against Lawaii Bevans in 2000.
| Date | Individual | Action | Amount |
|---|---|---|---|
| Jan 18, 2000 | Lawaii Bevans | Prohibition/Removal | — |
| Jan 18, 2000 | Lawaii Bevans | C&D or PC&D Requiring Restitution | $12,785 |
| Feb 8, 2000 | Joseph S. Gardner | Prohibition/Removal | — |
| Feb 10, 2000 | Luisita de los Santos | Prohibition/Removal | — |
| Oct 29, 2004 | Meline Arpajian | Cease-and-Desist Order | — |
| Aug 20, 2009 | Melissa Kelsay | Prohibition/Removal | — |
| Nov 17, 2009 | Donisha D. Pettway | Prohibition/Removal | — |
| Feb 22, 2012 | Cheryl Baccei | Prohibition/Removal | — |
Enforcement by Decade
The 2020s represent the costliest period in the institution's enforcement history, driven by $65.0M in penalties. While the 2000s have produced the highest volume of actions at 9, the aggregate dollar amount has declined to $763K.
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. Institution identification data is sourced from the FFIEC Central Data Repository (RSSD ID: 63069) and the FDIC BankFind Suite (Certificate: 17281). 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.