September 22, 2009
Cease and desist order against Orion Bancorp and Orion Bank
For immediate release
The Federal Reserve Board on Tuesday announced the execution of a consent Cease and Desist Order by and among Orion Bancorp, Inc., a registered bank holding company, Orion Bank, a state chartered member bank, both of Naples, Florida, the Federal Reserve Bank of Atlanta, and the State of Florida Office of Financial Regulation.
A copy of the Order is attached.