Wells Fargo Bank has agreed to pay $575 million to settle claims that the bank violated consumer protection laws. Iowa Attorney General Tom Miller says Iowa’s share of the settlement is $6.18 million.

Iowa’s share of the settlement will go to the state’s Consumer Education and Litigation Fund. Just over two years ago, Wells Fargo officials acknowledged that employees had opened millions of fake accounts to meet sales goals.

Wells Fargo is the Des Moines area’s largest private employer, with about 14,000 workers.