Federal Reserve Board issues enforcement action with Iuka Bancshares, Inc. and The Iuka State Bank

The Federal Reserve Board on Thursday, July 30, 2026, announced a significant enforcement action against Iuka Bancshares, Inc., and its subsidiary, The Iuka State Bank, both headquartered in Salem, Illinois.…

Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of First Interstate Bank

Simon Alberto Gonzalez, a former employee of Regions Bank, faced a consent prohibition order for the misappropriation of customer funds. This severe breach of fiduciary duty involves the illegal or…

Federal Reserve Board requests comment on a proposal to modernize rules for mutual banking organizations

Washington D.C. – July 31, 2026 – The Federal Reserve Board announced on Friday its request for public comment on a comprehensive proposal aimed at modernizing the regulatory framework governing…

Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of United Community Bank

Washington D.C. – The Federal Reserve Board on Thursday, August 20, 2026, announced the formal execution of enforcement actions against two former bank employees, Stephanie R. Kilbert of Regions Bank…

Federal Reserve Board issues enforcement action with SouthPoint Bancshares, Inc. and announces termination of enforcement action with Deutsche Bank AG, DB USA Corporation, and Deutsche Bank AG New York Branch

Washington D.C. – August 20, 2026 – The Federal Reserve Board today announced a dual set of regulatory actions that underscore its continuous commitment to maintaining the stability and integrity…

Federal Reserve Board announces approval of application by National Westminster Bank Plc

NatWest’s Strategic Re-Engagement with the U.S. Market The approval allows NatWest to set up a non-banking office designed to serve as a liaison and marketing outpost, rather than a full-fledged…

Federal Reserve Board requests comment on a proposal to modernize its rule governing the extension of credit to bank “insiders”—bank executives, board members and major shareholders who could potentially influence a bank’s lending decisions

The move comes as part of the Board’s ongoing commitment to ensuring that financial regulations remain relevant and effective in a dynamic economic landscape. Regulation O, which has not seen…

Federal Reserve Board Issues Enforcement Action with Former Employee of Banco Popular de Puerto Rico.

The Federal Reserve Board announced on Thursday, August 27, 2026, the execution of a consent prohibition order against Gadiel Rosario-Alvarado, a former employee of Banco Popular de Puerto Rico, based…

Federal Reserve Board Announces Approval of FS Bancorp, Inc.’s Application to Merge with Pacific West Bancorp

The Federal Reserve Board on Tuesday, August 4, 2026, officially announced its approval of the application submitted by FS Bancorp, Inc., headquartered in Mountlake Terrace, Washington, to proceed with its…

Federal Reserve Board announces approval of the application by Banco Santander, S.A. and Santander Holdings USA, Inc.

The Federal Reserve Board on Tuesday, August 4, 2026, officially announced its long-anticipated approval of the application by Banco Santander, S.A., based in Madrid, Spain, and its U.S. subsidiary, Santander…