Federal Reserve Board issues enforcement action with Putnam County Bank and announces termination of enforcement action with Barclays Bank PLC

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Federal Reserve Board issues enforcement action with Putnam County Bank and announces termination of enforcement action with Barclays Bank PLC

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The following press release was published by the Board of Governors of the Federal Reserve System on July 2, 2020. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below: Putnam County Bank, Hurricane, West Virginia Flood insurance violations civil money penalty, dated July 1, 2020 The Board also announced the termination of the enforcement action listed below: Barclays Bank PLC, London, England and Barclays Bank PLC New York Branch, New York, New York Cease and Desist Order, dated May 20, 2015 Terminated June 25, 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

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