Federal Reserve Board issues enforcement action with Western Bank, and termination of enforcement actions with TCM Company and Tonganoxie Bankshares, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on May 20, 2014. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Western Bank (PDF), Lordsburg, New Mexico Order of assessment of civil money penalty dated May 16, 2014 The Federal Reserve Board also announced the termination of the enforcement actions listed below: TCM Company, Crete, Nebraska Written Agreement dated Feb. 1, 2010 Terminated May 13, 2014 Tonganoxie Bankshares, Inc., Tonganoxie, Kansas Written Agreement issued March 8, 2011 Terminated May 14, 2014 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System