Ga. Banking & Finance Dept.: Order to Cease and Desist Issued Apex Capital Bank
September 13, 2024
September 13, 2024
ATLANTA, Sept. 13 -- The Georgia Department of Banking and Finance issued the following news release on Sept. 12, 2024:
Today, the Department of Banking and Finance, State of Georgia ("Department") issued an Order to Cease and Desist to Apex Capital Bank. It is unlawful to conduct and/or be affiliated with a banking business in Georgia without a bank charter. It is also unlawful to use the words "bank" in any entity's name without the permission of the Department . . .
Today, the Department of Banking and Finance, State of Georgia ("Department") issued an Order to Cease and Desist to Apex Capital Bank. It is unlawful to conduct and/or be affiliated with a banking business in Georgia without a bank charter. It is also unlawful to use the words "bank" in any entity's name without the permission of the Department . . .