| For immediate release |
|
The Federal Reserve Board today announced the issuance of a consent Order of Assessment of Civil Money Penalty against First Community Bank, Conway, Arkansas, a state member bank.
First Community Bank, without admitting to any allegations, consented to the issuance of the Order in connection with its alleged violations of the Board's Regulations implementing the National Flood Insurance Act.
The Order requires First Community Bank to pay a civil money penalty of $2,000.
A copy of the Order is attached.
|