Tech-forward Cross River Bank reached a consent agreement with the Federal Deposit Insurance Corp. in March following a cease-and-desist order from a standard review in 2021 regarding “unsafe and unsound banking practices related to its compliance with applicable fair lending laws,” according to the consent agreement. “We had identified areas for improvement prior to the […]

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• Source: https://bankautomationnews.com/allposts/risk-security/cross-river-bank-faces-reg-scrutiny/