Board issues enforcement actions with Baylake Corp. and Bank and Saint Lucia Bancorp and Bank

The following press release was published by the Board of Governors of the Federal Reserve System on Dec. 30, 2010. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the following enforcement actions: Baylake Corp., Sturgeon Bay, Wisconsin and Baylake Bank, Sturgeon Bay, Wisconsin Written Agreement dated Dec. 23, 2010 Santa Lucia Bancorp, Atascadero, California and Santa Lucia Bank, Atascadero, California Written Agreement dated Dec. 23, 2010 Search of Federal Reserve enforcement actions

Source: Board of Governors of the Federal Reserve System