Ex-Synapse Partner Lineage Bank Agrees to FDIC Consent Order
Lineage Bank, which was a partner bank for Synapse, the banking-as-a-service (BaaS) provider that went bankrupt in 2024, has reached a consent order with the Federal Deposit Insurance Corporation (FDIC). According to the consent order dated June 24 and announced by the FDIC in a Friday (July 31) press release, Lineage Bank “has consented, without admitting or denying any charges […]