Gibraltar Private reported Wednesday that the U.S. Office of the Comptroller of the Currency lifted its consent order issued in 2014.

The Coral Gables-based bank, formerly Gibraltar Private Bank & Trust Co., was fined $6.5 million last year by federal regulators for willfully violating federal anti-money laundering laws as part of disbarred attorney Scott Rothstein's $1.2 billion Ponzi scheme. The bank previously settled several Rothstein-related lawsuits.

The consent order, which replaced a cease and desist order imposed by the Office of Thrift Supervision in 2010, directed a series of compliance changes, audits, monitoring and reports to address Bank Secrecy Act violations.

The termination of the latest order "is the result of our team's tireless efforts to build a strong risk management organization, create a culture of compliance and strengthen the balance sheet," said bank chairman Adolfo Henriques.

Gibraltar has reported three full years of earnings and net income of $1.1 million in the first quarter.

The bank has $1.62 billion in assets with eight offices in South Florida and New York.