News Release
FOR IMMEDIATE RELEASE
August 22, 2011
Contact: David Melenkevitz, PIO
Number: 954-660-4602

Ocean Bank Enters into Deferred Prosecution Agreement and Forfeits More Than $10 Million

Agrees to Pay $10,988,136 to U.S. Government

AUG 22 -- MIAMI – Ocean Bank, the largest privately-owned state-chartered commercial bank headquartered in Florida, has entered into a deferred prosecution agreement (“the Agreementâ€