Bank-Fund Staff FCU OFAC Settlement: $14K (2005)

Last updated: July 20, 2026

Bank-Fund Staff Federal Credit Union settled a civil penalty of $14,000.00 for violations of the Iranian Transactions Regulations involving the operation of Iranian accounts between 1998 and 2000. The credit union did not make a voluntary self-disclosure.

Penalty Amount

$14,000.00

Enforcement Date

April 1, 2005

Rank in Top Penalties

#478

Case Details

Type:: Entity
Name:: Bank-Fund Staff Federal Credit Union
Country:: 🇺🇸 United States
Industry:: Banking
Address:: Washington, DC 20038
Penalty amount:: $14,000.00
Egregious case:: Unknown
Voluntary self disclosure:: No
Case:: Settled
Violation period:: 1998 to 2000
Program:: Iran
Enforcement date:: April 1, 2005

Official Source Documents

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View archived version View on ofac.treasury.gov

Archived on June 13, 2026

SHA-256: 143cd7c50866b6ebd1926d6952ee3218779e4b8e1937edaaa4984b5b05a25498