Cease and desist order against Bankers' Bancorp and Independent Bankers' Bank

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Cease and desist order against Bankers' Bancorp and Independent Bankers' Bank

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The following press release was published by the Board of Governors of the Federal Reserve System on Sept. 25, 2009. It is reproduced in full below.

The Federal Reserve Board on Friday announced the execution of a consent Cease and Desist Order by and among Bankers' Bancorp, Inc., a registered bank holding company, Independent Bankers' Bank, a state chartered member bank, both of Springfield, Illinois, the Federal Reserve Board, and the Illinois Department of Financial and Professional Regulation, Division of Banking.

A copy of the Order is attached.

Source: Board of Governors of the Federal Reserve System

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