The 18-branch bank announces regulators have lifted the consent order imposed five years ago over its capitalization and compliance.
April 26, 2016 at 12:00 AM
1 minute read
A federal consent order draped over U.S. Century Bank for the last five years has been lifted, the Doral-based bank announced.
The bank fell under federal oversight in 2011 after regulators deemed it undercapitalized. Regulators also required U.S. Century to improve compliance in several areas before the order was terminated.
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