C.F.R. » Title 12 » CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY › PART 9—FIDUCIARY ACTIVITIES OF NATIONAL BANKS

12 C.F.R. § 9.15

Fiduciary compensation

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(a) Compensation of bank. If the amount of a national bank's compensation for acting in a fiduciary capacity is not set or governed by applicable law, the bank may charge a reasonable fee for its services.

(b) Compensation of co-fiduciary officers and employees. A national bank may not permit any officer or employee to retain any compensation for acting as a co-fiduciary with the bank in the administration of a fiduciary account, except with the specific approval of the bank's board of directors.

Notes of Decisions
Cited in 6 cases (1 in the last 5 years), 1991–2025 · leading case: In re Corestates Trust Fee Litig., 837 F. Supp. 104 (E.D. Pa. 1993).
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In re Corestates Trust Fee Litig., 837 F. Supp. 104 (E.D. Pa. 1993). · cites it 4× “18 (b)(12), and that the “Regulatory Compliance Compensation” violates 12 C.F.R. § 9.15 . Plaintiffs seek a refund of the $300-$600 “Regulatory Compliance Compensation” and a refund of all sweep fees assessed against their trust accounts.”
Vogt v. Seattle-First Nat'l Bank, 817 P.2d 1364 (Wash. 1991). · cites it 4× “30 Seafirst contends that 12 C.F.R. § 9.15 (a) gives it "permission" to engage in the trustee fee practices upon which Appellant Vogt's Consumer Protection Act claims are made.”
In re Fid. Bank Trust Fee Litig., 839 F. Supp. 318 (E.D. Pa. 1993). · cites it 4× “§ 92a (“NBA”), as well' as violations of its regulations, 12 C.F.R. § 9.15 (a) (compensation of banks) and 12 C.”
Byrd v. Corestates Bank, N.A., 39 F.3d 61 (3d Cir. 1994). “§ 92a? Section 92a provides that the “Comptroller of the Currency shall be authorized and empowered to grant by special permit to national banks applying therefor, when not in contravention of State or local law, the right to act as trustee-” 12 U.”
Donald v. Bank of Am., N.A., No. 2:25-cv-01901 (E.D. Pa. Aug. 5, 2025). “1993) (dismissing alleged violations of 12 C.F.R § 9.15(a) and 12 C.F.R. § 9.18 (b)(12) for lack of federal question jurisdiction), aff’d sub nom.”
In re Corestates Trust, No. 93-2039 (3d Cir. Oct. 27, 1994). “§ 92a? Section 92a provides that the "Comptroller of the Currency shall be authorized and empowered to grant by special permit to national banks applying therefor, when not in contravention of State or local law, the right to act as trustee.”
12 C.F.R. § 9.15(a): 1 case
Donald v. Bank of Am., N.A., No. 2:25-cv-01901 (E.D. Pa. Aug. 5, 2025). “1993) (dismissing alleged violations of 12 C.F.R § 9.15(a) and 12 C.F.R. § 9.18 (b)(12) for lack of federal question jurisdiction), aff’d sub nom.”
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