Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: March 13, 2003

For immediate release

The Federal Reserve Board on Thursday announced the issuance of an Order to Cease and Desist and of Prohibition against Terry Frierson, a former chief executive officer, president, and institution-affiliated party of MSB Shares, Inc., and the Midsouth Bank, Jonesboro, Arkansas.

A copy of the Cease and Desist Order is attached.

Attachment (120 KB PDF)

2003 Enforcement actions

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Last update: March 13, 2003