Federal Reserve Board issues enforcement action with PNBK Sponsor LLC, PNBK Investment Partners LLC, PNBK Holdings LLC, and Patriot National Bancorp, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on Aug. 16, 2012. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the following enforcement action: PNBK Sponsor LLC, PNBK Investment Partners LLC, PNBK Holdings LLC, and Patriot National Bancorp, Inc. (PDF), all of Stamford, Connecticut Written Agreement dated Aug. 3, 2012 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System