# Asian Financial Corporation, Philadelphia, PA and Asian Bank, Philadelphia, PA — Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated

For Asian Financial Corporation, Philadelphia, PA and Asian Bank, Philadelphia, PA, action is Cease and Desist Order; effective date is 2006-03-08; termination date is 2012-08-01; board document is /newsevents/pressreleases/enforcement20060308a.htm; document type is Press Release, verified against its source on 2026-08-11.

- **Banking organisation:** Asian Financial Corporation, Philadelphia, PA and Asian Bank, Philadelphia, PA _(verified: appears in the quote below)_
- **Action:** Cease and Desist Order _(verified: appears in the quote below)_
- **Effective date:** 2006-03-08 _(verified: appears in the quote below)_
- **Termination date:** 2012-08-01 _(verified: appears in the quote below)_
- **Board document:** /newsevents/pressreleases/enforcement20060308a.htm _(verified: appears in the quote below)_
- **Document type:** Press Release _(verified: appears in the quote below)_

## What the source says

> 2006-03-08,2012-08-01,,,"Asian Financial Corporation, Philadelphia, PA and Asian Bank, Philadelphia, PA",Cease and Desist Order,/newsevents/pressreleases/enforcement20060308a.htm,Press Release,

## Source

- https://www.federalreserve.gov/supervisionreg/files/enforcementactions.csv

Last verified: 2026-08-11. Review by: 2026-09-01.
Part of [Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated](https://referencesource.org/bank-enforcement-actions/).