UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): August 9, 2018
Fulton Financial Corporation
(Exact name of Registrant as specified in its Charter)
Pennsylvania | 0-10587 | 23-2195389 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification Number) |
One Penn Square Lancaster, Pennsylvania |
17604 | |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: 717-291-2411
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
Fulton Financial Corporation (Fulton) today announced that the Federal Deposit Insurance Corporation and the New Jersey Department of Banking and Insurance have terminated the Consent Orders those agencies issued on February 25, 2015 to the corporations bank subsidiary, Fulton Bank of New Jersey. These orders were originally issued for deficiencies in the Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance program at that bank. Todays announcement follows Fultons statement, released October 30, 2017, that the Office of the Comptroller of the Currency had lifted similar orders at three of Fultons other banking subsidiaries.
The press release issued by Fulton containing the announcement is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. |
Description | |
99.1 | Press Release dated August 9, 2018 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 9, 2018 | FULTON FINANCIAL CORPORATION | |||||
By: | /s/ Daniel R. Stolzer | |||||
Daniel R. Stolzer | ||||||
Senior Executive Vice President, | ||||||
Chief Legal Officer and Corporate Secretary |
Exhibit 99.1
FOR IMMEDIATE RELEASE | Media Contact: Laura Wakeley (717) 291-2616 | |
Investor Contact: Jason Weber (717) 327-2394 |
Fulton Financial Announces Termination of Consent Orders for Fulton Bank of New Jersey
(August 9, 2018) Lancaster, PA Fulton Financial Corporation (NASDAQ: FULT) today announced that the Federal Deposit Insurance Corporation and the New Jersey Department of Banking and Insurance have terminated the Consent Orders those agencies issued on February 25, 2015 to the Corporations bank subsidiary, Fulton Bank of New Jersey. These orders were originally issued for deficiencies in the Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance program at that bank. Todays announcement follows the companys statement, released October 30, 2017, that the Office of the Comptroller of the Currency had lifted similar orders at three of the companys other banking subsidiaries.
These actions are very welcome, and they provide independent acknowledgement of the progress our company has made in strengthening our BSA/AML compliance programs, said E. Philip Wenger, Fulton Financials Chairman and CEO. Our entire team remains focused on achieving similar resolutions of the BSA/AML enforcement actions that remain in place at our two other banking subsidiaries and the holding company.
Fulton Financial Corporation, a $20 billion Lancaster, Pa.-based financial holding company, has approximately 3,700 employees and operates more than 240 branches in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through six subsidiary banks.
Additional information on Fulton Financial Corporation can be found at www.fult.com.
# # #
O2LYP<'9E1DI;"V^OZ?<^(+K1(I2;ZUC621<<8/H>_
M4?G0X245+H',KV*_B#Q5IWAE8Y-26X2%^DJ0ED!]"1T-.G3E4TB$I*.YH:9J
M,6JV$=Y#%-'%)RHFC*,1ZX/:HDN5V8T[JY7V*YCDA?G=CO]+774\2ZZNMRPRM_9Z>6;=66+&7['OZ
M_A7)+DY8\O