Board Actions

Actions taken during the week ending June 25, 2022

Bank Holding Companies

Bank First Corporation, Manitowoc, Wisconsin -- to merge with Denmark Bancshares, Inc., and thereby indirectly acquire Denmark State Bank, both of Denmark, Wisconsin.
-Approved, June 22, 2022

Personnel

Division of Board Members -- appointment of Terrence Fischer as special assistant to the Board.
-Approved, June 15, 2022
(A/C)

Division of Information Technology -- appointment of Stephen Olden and Andrew Krug as deputy directors.
-Announced, June 22, 2022

Regulations and Policies

Fedwire Funds Service -- notice of the Federal Reserve Banks' adoption of a new Fedwire Funds Service message format, ISO® 20022, on March 10, 2025.
-Approved, June 21, 2022

Enforcement

Evolve Bank & Trust, West Memphis, Arkansas -- consent order of assessment of a civil money penalty pursuant to the National Flood Insurance Act.
-Announced, June 21, 2022

Golden Pacific Bancorp, Inc., Sacramento, California -- consent order of prohibition against Karl K. Klessig, a former institution-affiliated party.
-Announced, June 24, 2022

North American Banking Company, Roseville, Minnesota -- consent order of assessment of a civil money penalty pursuant to the National Flood Insurance Act.
-Announced, June 21, 2022