Federal Reserve Board issues enforcement action with Affinity Financial Corporation and Waterfield Financial Services, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on June 16, 2016. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Affinity Financial Corporation, Newport Beach, California, and Waterfield Financial Services, Inc. (now known as Affinity Financial Centers, Inc.), Indianapolis, Indiana Consent Order to Cease and Desist dated June 13, 2016.

Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System