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Federal Reserve Board issues enforcement action with former chairman of Mariner’s Bancorp

February 05, 2019 / Source: FRB

Press Release

February 05, 2019

Federal Reserve Board issues enforcement action with former chairman of Mariner's Bancorp

For release at 11:00 a.m. EST

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

Consent Notice of Suspension and Prohibition against Fred Daibes, former Chairman of Mariner's Bancorp, Edgewater, New Jersey, for perpetuating a fraudulent loan scheme, according to a federal indictment.

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For media inquiries, call 202-452-2955.

Last Update: February 05, 2019