June 12, 2012

Federal Reserve Board issues enforcement actions against ColoEast Bankshares, Inc., and First Trust Corporation and termination of enforcement action with Baylake Corp. and Baylake Bank

For immediate release

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

ColoEast Bankshares, Inc. (PDF), Lamar, Colorado
Written Agreement dated June 6, 2012

First Trust Corporation (PDF), New Orleans, Louisiana
Written Agreement dated June 5, 2012

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

Baylake Corp. and Baylake Bank, both of Sturgeon Bay, Wisconsin
Written Agreement dated December 23, 2010
Terminated June 4, 2012

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Last Update: June 12, 2012