March 08, 2016
Federal Reserve Board issues enforcement action with Hazard Bancorp and Peoples Bank and Trust Company, and termination of enforcement actions with American Bank of Baxter Springs and CB Financial Corporation
For release at 11:00 a.m. EST
The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below:
Hazard Bancorp, Hazard, Kentucky, and Peoples Bank and Trust Company of Hazard, Hazard, Kentucky
Written Agreement dated March 3, 2016
The Federal Reserve Board also announced the termination of the enforcement actions listed below:
American Bank of Baxter Springs, Baxter Springs, Kansas
Written Agreement dated January 5, 2010
Terminated March 4, 2016
CB Financial Corporation, Wilson, North Carolina
Written Agreement dated May 25, 2010
Terminated March 3, 2016