The Federal Reserve Board issues enforcement actions with Mountain National Bancshares, Inc. and Tennessee Commerce Bancorp, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 22, 2011. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: Mountain National Bancshares, Inc. (PDF), Sevierville, Tennessee Written Agreement dated Nov. 16, 2011 Tennessee Commerce Bancorp, Inc. (PDF), Franklin, Tennessee Written Agreement dated Nov. 16, 2011 Search of Federal Reserve enforcement actions.

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Source: Board of Governors of the Federal Reserve System