Bonds & Rates
Home›Bonds & Rates›Corporate Bonds›Federal Reserve announces enforcement action tied to B…
Federal Reserve announces enforcement action tied to Bank of Eufaula
The Fed said the enforcement matter was executed, adding to the regulatory scrutiny faced by Bank of Eufaula and its parent, S N B Bancshares.
The Federal Reserve Board said it announced an enforcement action connected to a former employee of Bank of Eufaula and S N B Bancshares, Inc.
In a separate filing with the same release time, the Fed described an enforcement action tied to an employee associated with the same institutions, indicating multiple personnel-related components to the action.
The release was posted for publication at 11:00 a.m. EDT, with the Fed noting the enforcement action details listed below.