May 03, 2016

Federal Reserve Board issues enforcement action with Farmers & Merchants Bank of Ashland and termination of enforcement action with First Mutual of Richmond, Inc. and Richmond Mutual Bancorporation, Inc.

For release at 11:00 a.m. EDT

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

Farmers & Merchants Bank of Ashland, Ashland, Nebraska
Order of Assessment of a Civil Money Penalty dated April 26, 2016

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

First Mutual of Richmond, Inc. and Richmond Mutual Bancorporation, Inc., both of Richmond, Indiana
Written Agreement dated June 29, 2012
Terminated April 28, 2016

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Last Update: May 03, 2016