Press Release

March 17, 2006 Cease and desist order against R&G Financial Corporation For immediate release Share The Federal Reserve Board on Friday announced the issuance of a consent Cease and Desist Order against R&G Financial Corporation, Hato Rey, San Juan, Puerto Rico, a registered bank holding company that owns and controls R-G Premier Bank of Puerto Rico, Hato Rey, San Juan, Puerto Rico, a state nonmember bank, and indirectly owns and controls R-G Crown Bank, Casselberry, Florida, a federal savings bank. In a separate, coordinated action, the Federal Deposit Insurance Corporation contemporaneously issued a consent Cease and Desist Order against R-G Premier Bank of Puerto Rico, Hato Rey, Puerto Rico. A copy of the Board's Cease and Desist Order is attached. Attachment

Federal Reserve (2006, March 16). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20060317_cease_and_desist_order_against_doral_financial

@misc{wtfs_press_release_20060317_cease_and_desist_order_against_doral_financial,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2006},
  month = {Mar},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20060317_cease_and_desist_order_against_doral_financial},
  note = {Retrieved via When the Fed Speaks corpus}
}