Board issues enforcement actions with Reliance Bancshares, Inc. and Mesaba Bancshares, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on Aug. 9, 2011. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: Mesaba Bancshares, Inc. (PDF), Grand Rapids, Minnesota Written Agreement dated Aug. 3, 2011 Reliance Bancshares, Inc. (PDF), Des Peres, Missouri Written Agreement dated July 14, 2011 Search of Federal Reserve enforcement actions.

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Source: Board of Governors of the Federal Reserve System