Federal Reserve Board issues enforcement actions and termination of enforcement action with Doral Financial Corporation and The State Bank of Geneva

The following press release was published by the Board of Governors of the Federal Reserve System on Sept. 13, 2012. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the following enforcement actions: Doral Financial Corporation (PDF), San Juan, Puerto Rico Written Agreement dated Sept. 11, 2012 The State Bank of Geneva (PDF), Geneva, Illinois Written Agreement dated Sept. 10, 2012 The Federal Reserve Board also announced the termination of the enforcement action listed below: Doral Financial Corporation, San Juan, Puerto Rico Cease and Desist Order dated March 16, 2006 Terminated Sept. 11, 2012 Search of Federal Reserve enforcement actions.

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Source: Board of Governors of the Federal Reserve System