November 18, 2010
Board issues enforcement actions with Farmers State Bank, Legacy Bank, and Progressive Growth Corp.
For immediate release
The Federal Reserve Board on Thursday announced the execution of the following enforcement actions:
Farmers State Bank (158 KB PDF), Victor, Montana
Written Agreement dated November 12, 2010
Legacy Bank (44 KB PDF), Milwaukee, Wisconsin
Prompt Corrective Action Directive dated November 16, 2010
Progressive Growth Corp. (44 KB PDF), Gaylord, Minnesota
Written Agreement dated November 15, 2010