| For immediate release |
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The Federal Reserve Board today announced the issuance of an Order of Prohibition against Stephen R. Koury, a former employee and institution-affiliated party of First Western Trust Services Company, New Castle, Pennsylvania, a nonbank subsidiary of First Western Bancorp, Inc., New Castle, Pennsylvania, a registered bank holding company. Mr. Koury, without admitting to any allegations, consented to the issuance of the Order as a result of his alleged participation in violations of law in connection with his misappropriation of Trust Services�s customer and company funds. A copy of the order is attached. |
| Order (145 KB PDF) |