Share of The Bancorp (TBBK) plummeted a day after the Wilmington, Del., company disclosed that it had been hit with a consent order tied to the Bank Secrecy Act.

The $4.7 billion-asset company said in a regulatory filing Tuesday that the Federal Deposit Insurance Corp. had found weaknesses in its existing compliance program. The order requires its bank to revise its program and implement additional policies and procedures for suspicious activity monitoring and reporting. The company must also review past account activity to determine whether suspicious activity was properly identified and reported and establish an independent testing program.

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