press releases · December 12, 2018
Press Release
December 13, 2018
Federal Reserve Board approves the initiation of an action to prohibit president and CEO and executive vice president of Farmers State Bank from participating in the banking industry
For release at 11:00 a.m. EST
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The Federal Reserve Board on Thursday announced the action listed below:
Frank Smith, President and Chief Executive Officer Farmers State Bank, Pine Bluffs, Wyoming Notice of intent to prohibit from the banking industry, dated December 11, 2018
Mark Kiolbasa, Executive Vice President Farmers State Bank, Pine Bluffs, Wyoming Notice of intent to prohibit from the banking industry, dated December 11, 2018
Additional enforcement actions can be searched for here .
For media inquiries, call 202-452-2955.
* On December 13, the headline for this press release was corrected to note that the Board has initiated an enforcement action and that the individuals are not former employees of the bank.
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APA
Federal Reserve (2018, December 12). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20181213_federal_reserve_board_approves_the_initiation_of
BibTeX
@misc{wtfs_press_release_20181213_federal_reserve_board_approves_the_initiation_of,
author = {Federal Reserve},
title = {Press Release},
year = {2018},
month = {Dec},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20181213_federal_reserve_board_approves_the_initiation_of},
note = {Retrieved via When the Fed Speaks corpus}
}