Federal Reserve Board issues enforcement actions with Highlands Community Bank, New Peoples Bank, and North Georgia Community Financial Partners, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on Oct. 15, 2013. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions: Highlands Community Bank (PDF), Covington, Virginia Order of Assessment of Civil Money Penalty dated October 9, 2013 New Peoples Bank (PDF), Honaker, Virginia Order of Assessment of Civil Money Penalty dated October 9, 2013 North Georgia Community Financial Partners, Inc. (PDF), Calhoun, Georgia Written Agreement dated Oct. 3, 2013 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System