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The Federal Deposit Insurance Corporation and the Consumer Financial Protection Bureau reached a settlement with American Express Centurion Bank (Bank), Salt Lake City, Utah, for deceptive debt collection and credit card marketing practices, in violation of section 5 of the Federal Trade Commission Act. As part of the settlement, the bank was required to pay a penalty of $3.9 million to the FDIC. For more info visit https://www.fdic.gov/news/news/press/2012/pr12114.html