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 Federal Deposit Insurance Corporation RIN 3064-ZA44
 AGENCY: Federal Deposit Insurance Corporation.
 ACTION: Notice of monetary penalties for 2025.
 SUMMARY: The Federal Deposit Insurance Corporation is providing notice of its maximum civil money penalties as adjusted for inflation.
 DATES: The adjusted maximum amounts of civil money penalties in this notice are applicable to penalties assessed after January 15, 2025, for conduct occurring on or after November 2, 2015.
 FOR FURTHER INFORMATION CONTACT: Graham N. Rehrig, Acting Deputy Regional Counsel, Legal Division, 703-314-3401, 
                        *grehrig@fdic.gov;*
                         Federal Deposit Insurance Corporation, 15 Braintree Hill Office Park, Braintree, MA 02184-8701.


SUPPLEMENTARY INFORMATION: This notice announces changes to the maximum amount of each civil money penalty (CMP) within the Federal Deposit Insurance Corporation's (FDIC) jurisdiction to administer to account for inflation under the Federal Civil Penalties Inflation Adjustment Act of 1990 (1990 Adjustment Act),[1]
                    
                     as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (2015 Adjustment Act).[2]
                    
                     Under the 1990 Adjustment Act, as amended, Federal agencies must make annual adjustments to the maximum amount of each CMP the agency administers. The Office of Management and Budget (OMB) is required to issue guidance to Federal agencies no later than December 15 of each year providing an inflation-adjustment multiplier (that is, the inflation-adjustment factor agencies must use) applicable to CMPs assessed in the following year. Agencies are required to publish their CMPs, adjusted under the multiplier provided by the OMB, by January 15 of the applicable year. Agencies like the FDIC that have codified the statutory formula for making the CMP adjustments may make annual inflation adjustments by providing notice in the 
                    **Federal Register**
                    .[3] On December 17, 2024, the OMB issued guidance to affected agencies on implementing the required annual adjustment, which guidance included the relevant inflation multiplier.[4]
                    
                     The FDIC has applied that multiplier to the maximum CMPs allowable in 2024 for FDIC-supervised institutions and other parties subject to the FDIC's jurisdiction to calculate the maximum amount of CMPs that may be assessed by the FDIC in 2025.[5]
                    
                     There were no new statutory CMPs administered by the FDIC during 2024. The following charts provide the inflation-adjusted maximum CMP amounts for use after January 15, 2025—the effective date of the 2025 annual adjustments—under 12 CFR part 308, for conduct occurring on or after November 2, 2015: Maximum Civil Money Penalty Amounts
U.S. Code citation
Current maximum CMP 
                             (through January 14, 2025)
Adjusted
                             maximum  
                             
                                CMP 6
                                  
                             
                             (beginning January 15, 2025)12 U.S.C. 1464(v)Tier One CMP 7
$4,899
$5,026Tier Two CMP
48,992
50,265Tier Three CMP 8
2,449,575
2,513,21512 U.S.C. 1467(d)
12,249
12,56712 U.S.C. 1817(a)Tier One CMP 9
4,899
5,026Tier Two CMP
48,992
50,265Tier Three CMP 10
2,449,575
2,513,21512 U.S.C. 1817(c)Tier One CMP
4,480
4,596Tier Two CMP
44,783
45,946Tier Three CMP11
2,239,210
2,297,38512 U.S.C. 1817(j)(16)Tier One CMP
12,249
12,567Tier Two CMP
61,238
62,829Tier Three CMP 12
2,449,575
2,513,21512 U.S.C. 1818(i)(2) 13Tier One CMP
12,249
12,567Tier Two CMP
61,238
62,829Tier Three CMP 14
2,449,575
2,513,21512 U.S.C. 1820(e)(4)
11,198
11,48912 U.S.C. 1820(k)(6)
402,920
413,38812 U.S.C. 1828(a)(3)
153
15712 U.S.C. 1828(h) 15( print page 3213)For assessments < $10,000
153
15712 U.S.C. 1829b(j)
25,597
26,26212 U.S.C. 1832(c)
3,558
3,65012 U.S.C. 1884
356
36512 U.S.C. 1972(2)(F)Tier One CMP
12,249
12,567Tier Two CMP
61,238
62,829Tier Three CMP 16
2,449,575
2,513,21512 U.S.C. 3909(d)
3,047
3,12615 U.S.C. 78u-2Tier One CMP (individuals)
11,524
11,823Tier One CMP (others)
115,231
118,225Tier Two CMP (individuals)
115,231
118,225Tier Two CMP (others)
576,158
591,127Tier Three CMP (individuals)
230,464
236,451Tier Three CMP (others)
1,152,314
1,182,25115 U.S.C. 1639e(k)First violation
14,069
14,435Subsequent violations
28,135
28,86631 U.S.C. 3802
13,946
14,30842 U.S.C. 4012a(f)
2,661
2,730
 CFR Citation
Current presumptive CMP 
                             (through January 14, 2025)
Adjusted presumptive CMP 
                             (beginning January 15, 2025)12 CFR 308.132(e)(1)(i)Institutions with $25 million or more in assets1 to 15 days late
$672
$689.16 or more days late
$1,344
$1,379.Institutions with less than $25 million in assets1 to 15 days late 17
$225
$231.16 or more days late 18
$447
$459.12 CFR 308.132(e)(1)(ii)Institutions with $25 million or more in assets1 to 15 days late
$1,119
$1,148.16 or more days late
$2,238
$2,296.Institutions with less than $25 million in assets1 to 15 days late
1/50,000th of the institution's total assets
1/50,000th of the institution's total assets.16 or more days late
1/25,000th of the institution's total assets
1/25,000th of the institution's total assets.12 CFR 308.132(e)(2)
$48,992
$50,265.12 CFR 308.132(e)(3)Tier One CMP
$4,899
$5,026.Tier Two CMP
$48,992
$50,265.Tier Three CMP 19
$2,449,575
$2,513,215.
 Federal Deposit Insurance Corporation. Dated at Washington, DC on January 8, 2025. Debra A. Decker, Executive Secretary.


# Footnotes

1.
    
                         Public Law 101-410, 104 Stat. 890, codified at 28 U.S.C. 2461 note. Back to Citation
 2.
    
                         Public Law 114-74, 701(b), 129 Stat. 599, codified at 28 U.S.C. 2461 note. Back to Citation
 3.
    
                         
                        *See*
                         Office of Mgmt. & Budget, Exec. Office of the President, OMB Memorandum No. M-25-02, 
                        *Implementation of Penalty Inflation Adjustments for 2025, Pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015*
                         4 (Dec. 17, 2024), 
                        *https://www.whitehouse.gov/​wp-content/​uploads/​2024/​12/​M-25-02.pdf*
                         (OMB Guidance); 
                        *see also*12 CFR 308.132(d) (FDIC regulation that guides readers to the 
                        **Federal Register**
                         to see the annual notice of CMP inflation adjustments). Back to Citation
 4.
    
                         
                        *See*
                         OMB Guidance at 2 (providing an inflation multiplier of 1.02598). Back to Citation
 5.
    
                         Penalties assessed for violations occurring prior to November 2, 2015, will be subject to the maximum amounts set forth in the FDIC's regulations in effect prior to the enactment of the 2015 Adjustment Act. Back to Citation


[FR Doc. 2025-00643 Filed 1-13-25; 8:45 am] BILLING CODE 6714-01-P