Federal Reserve Board issues enforcement action with Benchmark Community Bank and announces the termination of enforcement action with Peoples Bank

The following press release was published by the Board of Governors of the Federal Reserve System on June 30, 2020. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: Benchmark Community Bank, Kenbridge, Virginia Flood insurance violations civil money penalty, dated June 25, 2020 The Board also announced the termination of the enforcement action listed below: Peoples Bank, Lawrence, Kansas Consent Order, dated Nov. 28, 2017 (PDF) Terminated June 25, 2020 Additional enforcement actions can be searched for here.

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Source: Board of Governors of the Federal Reserve System