Federal Reserve Board announces enforcement action with Metropolitan Bank Group and termination of enforcement action with IT & S of Iowa

The following press release was published by the Board of Governors of the Federal Reserve System on April 18, 2013. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the following enforcement action: Metropolitan Bank Group, Inc. (PDF), Chicago, Illinois Consent Cease and Desist Order dated April 12, 2013 The Federal Reserve Board also announced the termination of the enforcement action listed below: IT & S of Iowa, Inc., Oskaloosa, Iowa Written Agreement dated June 16, 2009 Terminated April 15, 2013 Search of Federal Reserve enforcement actions.

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Source: Board of Governors of the Federal Reserve System