Board issues enforcement actions with Lino Lakes Banc Shares, Inc. and Village Bancshares, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on Dec. 7, 2010. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: Lino Lakes Banc Shares, Inc. (46 KB PDF), Forest Lake, Minnesota Written Agreement dated Dec. 2, 2010 Village Bancshares, Inc. (48 KB PDF), St. Francis, Minnesota Written Agreement dated Dec. 1, 2010 Search of Federal Reserve enforcement actions.

Source: Board of Governors of the Federal Reserve System