Federal Reserve Board issues enforcement action with Minster Bank and announces termination of enforcement action with Citizens Bancshares Co.

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

The Federal Reserve Board on Thursday announced the execution of the following enforcement action: Minster Bank (PDF), Minster, Ohio Order of assessment of civil money penalty dated July 16, 2013 The Federal Reserve Board also announced the termination of the enforcement action listed below: Citizens Bancshares Co., Chillicothe, Missouri Written Agreement dated June 21, 2010 Terminated July 15, 2013 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System