Federal Reserve Board announces termination of enforcement actions with Four Oaks Bank & Trust Company, TransPecos Financial Corp, and TransPecos Banks

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Federal Reserve Board announces termination of enforcement actions with Four Oaks Bank & Trust Company, TransPecos Financial Corp, and TransPecos Banks

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The following press release was published by the Board of Governors of the Federal Reserve System on May 4, 2017. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the termination of the enforcement actions listed below: Four Oaks Bank & Trust Company, Four Oaks, North Carolina Written Agreement dated July 30, 2015 Terminated April 28, 2017 TransPecos Financial Corp, San Antonio, Texas, and TransPecos Banks, Pecos, Texas Written Agreement dated April 13, 2011 Terminated May 1, 2017 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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