October 17, 2013

Federal Reserve Board issues enforcement action with Commerzbank AG, Frankfurt am Main, and Commerzbank AG New York Branch, and termination of enforcement actions with Premier Bank and Union Bancshares

For immediate release

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

Commerzbank AG, Frankfurt am Main, Germany and Commerzbank AG New York Branch (PDF), New York, New York
Consent Cease and Desist Order dated October 16, 2013

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

Premier Bank, Denver, Colorado
Prompt Corrective Action Directive dated May 23, 2012
Terminated October 15, 2013

Union Bancshares, Inc., Marksville, Louisiana
Written Agreement dated August 5, 2010
Terminated October 7, 2013

Search of Federal Reserve enforcement actions.

For media inquiries, call 202-452-2955.

Last Update: October 17, 2013