The Office of the Comptroller of the Currency (OCC) has completed enforcement actions against 11 former Wells Fargo bank executives.

Three enforcement actions announced Tuesday (Jan. 14) stem from administrative disputes that began with the OCC’s indictment filed in January 2020 and were the latest of 11 such actions, the regulator said in a news release Tuesday.

“The rulings issued today declared that thousands of the bank’s employees engaged in widespread sales practices under pressure to meet unreasonable sales targets,” the release said.

The most recent enforcement actions involved three former officers of Wells Fargo Bank, NA, Sioux Falls, South Dakota, and their actions from 2013 to 2016, the release said.

The OCC’s decisions found that the company engaged in unsafe or unsound banking practices, such as failing to challenge the bank’s incentive compensation program and failing to manage audit activities that would uncover and document misconduct in sales practices, it said in the press release.

The three executives were assessed civil penalties of $10 million, $7 million and $1.5 million, according to the release.

The eight other former Wells Fargo executives with whom the OCC settled in previous enforcement proceedings paid civil penalties totaling approximately $43.2 million, according to the release.

Wells Fargo was fined in September 2016 by the OCC, the Consumer Financial Protection Bureau (CFPB), and the city and county of Los Angeles. The lawsuits from both the OCC and CFPB centered on the sales culture at Wells Fargo and whether employees were pressured by any means necessary to meet sales targets, PYMNTS reported at the time.

In February, the OCC terminated a 2016 consent order against Wells Fargo alleging deficiencies and unsafe or unsound practices in the bank’s risk management and sales practices.

The OCC’s order rescinding the consent order states: “The OCC is satisfied that the safety and soundness of the Bank and its compliance with laws and regulations do not require the continued existence of the order.”

Wells Fargo said in a news release at the time that the sales misconduct plea agreement required the bank to overhaul the way it sells products and services.