Board issues enforcement action with Jones Bancshares, L.P. and PrimeSouth Bancshares

The following press release was published by the Board of Governors of the Federal Reserve System on July 19, 2011. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Jones Bancshares, L.P. and PrimeSouth Bancshares, Inc. (PDF), both of Waycross, Georgia Written Agreement dated July 12, 2011 Search of Federal Reserve enforcement actions.

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Source: Board of Governors of the Federal Reserve System