Federal Reserve Board issues enforcement actions and termination of enforcement actions

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Federal Reserve Board issues enforcement actions and termination of enforcement actions

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The following press release was published by the Board of Governors of the Federal Reserve System on July 2, 2015. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the following enforcement actions: Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., Utrecht, Netherlands and Rabobank Nederland New York Branch (PDF), New York, New York Written Agreement dated June 30, 2015 Seaway Bancshares, Inc. (PDF), Chicago, Illinois Written Agreement dated June 24, 2015 The Federal Reserve Board also announced the termination of the enforcement actions listed below: Cherokee Bancshares, Inc., Saint Paul, Minnesota Written Agreement dated Dec. 17, 2008 Terminated June 29, 2015 First Chatsworth Bankshares, Inc., Chatsworth, Georgia Written Agreement dated June 22, 2011 Terminated June 30, 2015 Olmsted Holding Corporation, Rochester, Minnesota Written Agreement dated March 3, 2010 Terminated June 30, 2015 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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