The Bancorp Announces Termination of Compliance-Related Consent Order

The Bancorp Announces Termination of Compliance-Related Consent Order

  • Posted: 11/24/2020
  • Jennifer Lian

WILMINGTON, Del.–(BUSINESS WIRE)–The Bancorp, Inc. (NASDAQ: TBBK), announced today that the Federal Deposit Insurance Corporation (FDIC), the prudential regulator of The Bancorp Bank (Bank), has terminated its Consent Order with the Bank principally related to consumer compliance and third-party risk management. The termination of this Consent Order concludes all outstanding regulatory actions brought by the FDIC against the Bank.

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