Federal Reserve Board issues enforcement action with Ackley State Bank and terminations of enforcement actions with Anchor Bancorp Wisconsin, Community Financial Shares, and SWNB Bancorp

The following press release was published by the Board of Governors of the Federal Reserve System on Aug. 5, 2014. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the following enforcement action: Ackley State Bank (PDF), Ackley, Iowa Order of assessment of civil money penalty dated Aug. 1, 2014 The Federal Reserve Board also announced the termination of the enforcement actions listed below: Anchor Bancorp Wisconsin, Inc., Madison, Wisconsin Cease and Desist Order issued by the Office of Thrift Supervision dated June 26, 2009 Terminated July 31, 2014 Community Financial Shares, Inc., Glen Ellyn, Illinois Written Agreement dated May 23, 2011 Terminated Aug. 1, 2014 SWNB Bancorp, Inc., Houston, Texas Written Agreement dated Sept. 19, 2011 Terminated July 31, 2014 Search of Federal Reserve enforcement actions.

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Source: Board of Governors of the Federal Reserve System