Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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December 28, 2010

For immediate release

The Federal Reserve Board on Tuesday announced the execution of the following enforcement action:

BankEast (49 KB PDF), Knoxville, Tennessee
Prompt Corrective Action Directive dated December 22, 2010

Last Update: December 28, 2010

Press Release