Regulatory Alerts2026-06-10
Added · Updated
Immediate Final Order Against Commercial Western Bank
The Florida Office of Financial Regulation issued an Immediate Final Order against Commercial Western Bank for operating as an unlicensed financial institution and soliciting deposits from the public. The order mandates that the Respondents immediately cease and desist from holding themselves out as a bank, advertising banking services, and maintaining their website at commercialwesternbank.com. This action was taken because the entity's unauthorized activities pose an immediate danger to public health, safety, and welfare by misleading consumers into believing their funds are insured and legitimate.