Federal Reserve Board announces termination of enforcement actions

August 14, 2018 / Source: FRB

Press Release

August 14, 2018

Federal Reserve Board announces termination of enforcement actions with HSBC North America Holdings, Inc., Capital Funding Bancorp, Inc. and CFG Community Bank, and CommerceWest Bank

For release at 1:15 p.m. EDT

The Federal Reserve Board on Tuesday announced the termination of the enforcement actions listed below:

HSBC North America Holdings, Inc., New York, New York
Cease and Desist Order dated October 4, 2010 (PDF)
Terminated August 7, 2018

Capital Funding Bancorp, Inc. and CFG Community Bank, both of Baltimore, Maryland
Cease and Desist Order dated October 31, 2011 (PDF)
Terminated August 8, 2018

CommerceWest Bank, Irvine, California
Cease and Desist Order dated April 12, 2016 (PDF)
Terminated August 8, 2018

Additional enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

Last Update: August 14, 2018