Federal Reserve Board issues enforcement actions with Amboy Bank and Bank of Clarke County

The following press release was published by the Board of Governors of the Federal Reserve System on April 16, 2020. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below: Amboy Bank, Old Bridge, New Jersey Flood insurance violations civil money penalty, dated April 14, 2020 Bank of Clarke County, Berryville, Virginia Flood insurance violations civil money penalty, dated April 15, 2020 Additional enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System