Federal Reserve Board announces termination of enforcement action with FirstFed Bancorp, Inc. Employee Stock Ownership Plan and FirstFed Bancorp, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on Sept. 6, 2016. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below: FirstFed Bancorp, Inc. Employee Stock Ownership Plan and FirstFed Bancorp, Inc., both of Bessemer, Alabama Written Agreement dated June 27, 2011 Terminated Sept. 1, 2016 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System