Federal Reserve Board issues enforcement action with former employee of The Croghan Colonial Bank and announces termination of enforcement action with Highlands Bankshares and Highlands Union Bank

The following press release was published by the Board of Governors of the Federal Reserve System on May 21, 2019. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: Consent Prohibition and Cease-and-Desist Order against Katherine Tibboles, former employee of The Croghan Colonial Bank, Fremont, Ohio, for embezzling bank funds The Board on Tuesday also announced the termination of the enforcement action listed below: Highlands Bankshares, Inc., Abingdon, Virginia; Highlands Union Bank, Abingdon, Virginia Written Agreement, dated Oct. 13, 2010 (PDF) Terminated May 16, 2019 Additional enforcement actions can be searched for here.

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Source: Board of Governors of the Federal Reserve System