Federal Reserve Board issues enforcement actions with Portage Community Bank and Settlers Bank

The following press release was published by the Board of Governors of the Federal Reserve System on Sept. 11, 2014. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the following enforcement actions: Portage Community Bank (PDF), Ravenna, Ohio Order of assessment of civil money penalty dated September 9, 2014 Settlers Bank (PDF), Marietta, Ohio Order of assessment of civil money penalty dated September 9, 2014 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System