Federal Reserve Board announces termination of enforcement action with Cornerstone Bancshares, Inc.

The following press release was published by the Board of Governors of the Federal Reserve System on Dec. 23, 2021. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Cornerstone Bancshares, Inc., Atlanta, Georgia Order to Cease and Desist, issued by the Office of Thrift Supervision dated June 17, 2010 (PDF) Terminated Dec. 21, 2021 Additional enforcement actions can be searched for here.

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Source: Board of Governors of the Federal Reserve System