Federal Reserve Board announces termination of enforcement action with Macon Bancorp

The following press release was published by the Board of Governors of the Federal Reserve System on Feb. 12, 2015. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Macon Bancorp, Franklin, North Carolina Written Agreement issued July 20, 2012 Terminated Nov. 13, 2014 Search of Federal Reserve enforcement actions.

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Source: Board of Governors of the Federal Reserve System