Federal Reserve Board issues enforcement action with Gayle Kendrick and announces termination of enforcement action with Rock Bancshares, Inc. and Heartland Bank

The following press release was published by the Board of Governors of the Federal Reserve System on April 26, 2018. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Consent prohibition of Gayle Kendrick, former Branch Team Leader of Regions Bank, Birmingham, Alabama, for engaging in improper practices regarding credit origination The Board also announced the termination of the enforcement action listed below: Rock Bancshares, Inc., Little Rock, Arkansas and Heartland Bank, Little Rock, Arkansas Written Agreement dated Dec. 13, 2016 Terminated April 23, 2018 The enforcement action from December 2016 can be found here and other enforcement actions can be searched for here.

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Source: Board of Governors of the Federal Reserve System