Quaint Oak Bank's BSA consent orders terminated by FDIC and PA regulator

QUAINT OAK BANCORP, INC.

FDIC and Pennsylvania Bureau of Bank Supervision terminated May 15, 2025 consent orders on March 30, 2026.
Consent orders related to Bank Secrecy Act compliance; bank resolved within ~10 months.
Bank implemented enhancements to compliance, financial crime management, and third-party risk oversight.
Remediation adversely affected short-term financial performance; company now focused on strategic initiatives.

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