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Federal Reserve Board issues enforcement actions with Wintrust Financial Corporation and former employee of OakStar Bank and announces termination of enforcement action with FCB Financial Corporation

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The following press release was published by the Board of Governors of the Federal Reserve System on Feb. 28, 2019. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below: Wintrust Financial Corporation, Rosemont, Illinois Consent order, civil money penalty for internal control deficiencies that resulted in unsafe or unsound practices dated Feb. 25, 2019 Consent prohibition against Caleb T. Jones, former employee of OakStar Bank, Springfield, Missouri, for obtaining a loan under false pretenses dated Feb. 27, 2019 The Federal Reserve Board also announced the termination of the enforcement action listed below: FCB Financial Corporation, Savannah, Georgia Written Agreement dated Nov. 12, 2010 (PDF) Terminated Feb. 26, 2019 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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