Board issues enforcement actions with Pembina County Bankshares, Rurban Financial, and Tonganoxie Bankshares

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Board issues enforcement actions with Pembina County Bankshares, Rurban Financial, and Tonganoxie Bankshares

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The following press release was published by the Board of Governors of the Federal Reserve System on March 15, 2011. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: Pembina County Bankshares, Ltd., Cavalier, North Dakota Written Agreement dated March 9, 2011 Rurban Financial Corp., Defiance, Ohio Cease and Desist Order dated March 9, 2011 Tonganoxie Bankshares, Inc., Tonganoxie, Kansas Written Agreement dated March 8, 2011 Search of Federal Reserve enforcement actions.

Source: Board of Governors of the Federal Reserve System

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