Choice Financial Group consent order from FDIC (orders.fdic.gov) 3 points by andrewljohnson 2y ago ↗ HN
[–] slater 2y ago ↗ What's the context for this? [–] Kye 2y ago ↗ It appears to be the sponsor bank for a number of fintech startups/"challenger" banks like Mercury. It comes up in news results alongside Silicon Valley Bank: https://www.google.com/search?q=%22Choice+Financial+Group%22...FDIC consent orders appear to be something like a cease and desist. The submitted PDF is non-specific on a skim, but refers to some less than scrupulous behavior.
[–] Kye 2y ago ↗ It appears to be the sponsor bank for a number of fintech startups/"challenger" banks like Mercury. It comes up in news results alongside Silicon Valley Bank: https://www.google.com/search?q=%22Choice+Financial+Group%22...FDIC consent orders appear to be something like a cease and desist. The submitted PDF is non-specific on a skim, but refers to some less than scrupulous behavior.
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[ 5.8 ms ] story [ 20.7 ms ] threadFDIC consent orders appear to be something like a cease and desist. The submitted PDF is non-specific on a skim, but refers to some less than scrupulous behavior.