Chevy Chase Bank OFAC Settlement: $3.4K (2006)

Last updated: July 20, 2026

Chevy Chase Bank remitted $3,352.86 to settle an alleged violation of the Iran program. OFAC alleged that Chevy Chase processed an unauthorized funds transfer with payment information referencing services of Iranian origin on July 8, 2002. Chevy Chase did not voluntarily disclose this matter to OFAC.

Penalty Amount

$3,352.86

Enforcement Date

June 7, 2006

Rank in Top Penalties

#765

Case Details

Type:: Entity
Name:: Chevy Chase Bank
Country:: 🇺🇸 United States
Industry:: Banking
Address:: Bethesda, MD 20814
Penalty amount:: $3,352.86
Egregious case:: Unknown
Voluntary self disclosure:: No
Case:: Settlement
Violation period:: From July 8, 2002
Program:: Iran program
Enforcement date:: June 7, 2006

Official Source Documents

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View archived version View on ofac.treasury.gov

Archived on June 13, 2026

SHA-256: 129ffdcee2e8dcbc51b7fe59cdf64853b593f1d0b68e7475786114c1890be4e2