Board issues enforcement actions with Community Banks of Georgia, Inc., PlainsCapital Bank, and PrimeLending

The following press release was published by the Board of Governors of the Federal Reserve System on May 31, 2011. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: Community Banks of Georgia, Inc. (63 KB PDF), Jasper, Georgia Written Agreement dated May 24, 2011 PlainsCapital Bank, and PrimeLending, a PlainsCapital Company (110 KB PDF), Dallas, Texas.

Order of assessment of civil money penalty dated May 23, 2011 Search of Federal Reserve enforcement actions.

Source: Board of Governors of the Federal Reserve System