Federal Reserve Board issues enforcement action with Ashley Burrus and announces termination of enforcement action with Patterson Bankshares, Inc.

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Federal Reserve Board issues enforcement action with Ashley Burrus and announces termination of enforcement action with Patterson Bankshares, Inc.

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The following press release was published by the Board of Governors of the Federal Reserve System on June 12, 2018. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: Consent prohibition of Ashley Burrus, former Financial Services Specialist 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: Patterson Bankshares, Inc., Patterson, Georgia Written Agreement dated June 1, 2010 (PDF) Terminated June 7, 2018 Additional enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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