Federal Reserve Board issues enforcement action with Covenant Bancgroup, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on Jan. 7, 2016. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Covenant Bancgroup, Inc., Leeds Alabama Written Agreement dated Dec. 28, 2015 Search of Federal Reserve enforcement actions.

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Source: Board of Governors of the Federal Reserve System