May 29, 2012

Federal Reserve Board issues enforcement action with Premier Bank and termination of an enforcement action with Pacific Capital Bancorp

For immediate release

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

Premier Bank (PDF), Denver, Colorado
Prompt Corrective Action Directive dated May 23, 2012

The Federal Reserve Board also announced the termination of the enforcement action listed below: 

Pacific Capital Bancorp, Santa Barbara, California
Written Agreement dated May 11, 2010
Terminated May 23, 2012

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Last Update: May 29, 2012