Federal Reserve Board issues enforcement action and termination of enforcement actions

The following press release was published by the Board of Governors of the Federal Reserve System on July 3, 2012. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Regal Bancorp, Inc. (PDF), Owings Mills, Maryland Written Agreement dated June 29, 2012 The Federal Reserve Board also announced the termination of the enforcement actions listed below: West Coast Bancorp, Lake Oswego, Oregon Written Agreement dated Dec. 18, 2009 Terminated June 27, 2012 Profinium Financial Holdings, Inc., Fairmont, Minnesota, and Profinium Financial, Inc., Truman, Minnesota Written Agreement dated July 9, 2009 Terminated June 25, 2012 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System