Liberty Bell Bank (fka LBBB)

[Enterprising Investor]

FDIC and New Jersey Department of Banking and Insurance Terminate Liberty Bell Bank Consent Orders (2/08/17)

MARLTON, N.J. --(BUSINESS WIRE)
Liberty Bell Bank (OTC:LBBB) today announced that it has been notified by the Federal Deposit Insurance Corporation (FDIC) and the New Jersey Department of Banking and Insurance that the Consent Orders to which the Bank voluntarily consented in November 2013 with each of such regulators have been terminated.

Benjamin F. Watts, President and Chief Executive Officer, noted, "The lifting of the Consent Orders is a testament to the progress we have made in strengthening our operations.” He continued, "We thank our regulatory partners for their guidance through this process and commend our team, whose commitment to moving our bank forward has enabled us to reach this important milestone."

About Liberty Bell Bank

Liberty Bell Bank is a full-service, state-chartered commercial bank, whose deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The Bank provides diversified financial products through two locations in Burlington County, New Jersey and one location in Camden County, New Jersey.

http://www.businesswire.com/news/home/20170209006235/en/