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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: October 19, 2010

For immediate release

The Federal Reserve Board on Tuesday announced the execution of the following enforcement actions:

1st Financial Services Corporation (57 KB PDF), Hendersonville, North Carolina
Written Agreement dated October 13, 2010

Highlands Bankshares, Inc. and Highlands Union Bank (127 KB PDF), both of Abingdon, Virginia
Written Agreement dated October 13, 2010

Persons Banking Company, Inc. (62 KB PDF), Macon, Georgia
Written Agreement dated October 14, 2010

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Last update: October 19, 2010