Federal Reserve Board announces termination of enforcement action with Orient Bancorporation and Bank of the Orient

The following press release was published by the Board of Governors of the Federal Reserve System on April 25. It is reproduced in full below.

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

Orient Bancorporation, San Francisco, California, and Bank of the Orient, San Francisco, California

Written Agreement dated March 18, 2021 (PDF)

Terminated April 20, 2023

Additional enforcement actions can be searched for here.

For media inquiries, please email [email protected] or call 202-452-2955.

Source: Board of Governors of the Federal Reserve System