Federal Reserve Board issues enforcement action with PointBank and termination of enforcement actions with Fox River Valley Bancorp, Inc., and Monarch Community Bancorp, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 13, 2014. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the following enforcement action: PointBank (PDF), Pilot Point, Texas Order of assessment of civil money penalty dated November 6, 2014 The Federal Reserve Board also announced the termination of the enforcement actions listed below: Fox River Valley Bancorp, Inc., Appleton, Wisconsin Written Agreement issued Oct. 21, 2011 Terminated November 7, 2014 Monarch Community Bancorp, Inc., Coldwater, Michigan Written Agreement issued Sept. 21, 2010 Terminated November 7, 2014 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System