Termination of Supervisory Agreement Between Patriot Bank, N.A. and Office of the Comptroller of the Currency
This document records the termination of a prior agreement between Patriot Bank, National Association, and the Office of the Comptroller of the Currency (OCC). The original agreement, established to ensure the bank's safety, soundness, and regulatory compliance, is no longer deemed necessary by the OCC. As a result, the OCC officially ends the agreement, effective as of the date signed by its authorized representative.
Exhibit 1.01
UNITED STATES OF AMERICA
DEPARTMENT OF THE TREASURY
OFFICE OF THE COMPTROLLER OF THE CURRENCY
AA-NE-2021-31
TERMINATION OF
THE AGREEMENT BY AND BETWEEN
PATRIOT BANK, NATIONAL ASSOCIATION, STAMFORD, CONNECTICUT
AND THE COMPTROLLER OF THE CURRENCY
WHEREAS, to assure the safety and soundness of Patriot Bank, National Association, Stamford, Connecticut (“Bank”) and its compliance with laws and regulations, the Bank, by and through its duly elected and acting Board of Directors, and the Office of the Comptroller of the Currency (“OCC”), through the duly authorized representative of the Comptroller of the Currency (“Comptroller”), entered into an Agreement, dated November 7, 2018, AA-NE-2018‐70, (“Agreement”); and
WHEREAS, the Comptroller believes that the safety and soundness of the Bank and its compliance with laws and regulations does not require the continued existence of the Agreement.
NOW, THEREFORE, the OCC, through the duly authorized representative of the Comptroller, directs that the Agreement between the Bank and the OCC be, and it hereby is, TERMINATED.
IN TESTIMONY WHEREOF, the undersigned, designated by the Comptroller as his authorized representative, has hereunto set her signature.
| /s/ Laura Johnson | 9/1/2021 | |
| Laura Johnson | Date | |
| Assistant Deputy Comptroller | ||
| New York Field Office |
