The Federal Reserve Board on Thursday announced the issuance of a Cease and Desist Order against Thomas C. Darden, a former institution-affiliated party of Kenco Bancshares, Inc., Jayton, Texas.
The Federal Reserve Board also announced the execution of two Written Agreements. One Agreement is between William J. Collier and the Federal Reserve Bank of Dallas and the other Agreement is between Jesse L. Reese and the Federal Reserve Bank of Dallas. Both William J. Collier and Jesse L. Reese are institution-affiliated parties of Kenco Bancshares, Inc., Jayton, Texas.
The Order and the Written Agreements address conduct relating to a commitment made in connection with an application involving Kenco Bancshares, Inc.
Copies of the Order and the Agreements are attached.
Attachment 1 (38 KB PDF)
Attachment 2 (42 KB PDF)
Attachment 3 (44 KB PDF)
