United Advantage NW FCU OFAC Settlement: $2.97K (2008)

Last updated: July 20, 2026

United Advantage Northwest Federal Credit Union, successor to Advantage Northwest Federal Credit Union, settled allegations of violations of the Cuban Assets Control Regulations, remitting $2,970. OFAC alleged that Advantage acted without an OFAC license by processing a funds transfer destined for Cuba in July 2003. Advantage did not voluntarily disclose this matter to OFAC.

Penalty Amount

$2,970.00

Enforcement Date

April 11, 2008

Rank in Top Penalties

#789

Case Details

Type:: Entity
Name:: United Advantage Northwest Federal Credit Union, successor to Advantage Northwest Federal Credit Union
Country:: 🇺🇸 United States
Industry:: Banking
Address:: Portland, OR
Penalty amount:: $2,970.00
Egregious case:: Unknown
Voluntary self disclosure:: No
Case:: Settlement
Violation period:: From July 2003
Program:: Cuban Assets Control Regulations
Enforcement date:: April 11, 2008

Official Source Documents

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View archived version View on ofac.treasury.gov

Archived on June 13, 2026

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