Release Date: June 6, 2007
For immediate release
The Federal Reserve Board on Wednesday announced the issuance of a consent Order of Prohibition against William R. Kahler, a former officer of Primebank, LeMars, Iowa, a state member bank.
Mr. Kahler, without admitting to any allegations, consented to the issuance of the Order, which was based on his conviction for an offense taking place during his previous employment at Iowa-Nebraska State Bank, Sioux City, Iowa, an FDIC-insured bank.
A copy of the Order is attached.