September 06, 2016

Federal Reserve Board announces termination of enforcement action with FirstFed Bancorp, Inc. Employee Stock Ownership Plan and FirstFed Bancorp, Inc.

For release at 11:00 a.m. EDT

The Federal Reserve Board on Tuesday announced the termination of the enforcement action listed below:

FirstFed Bancorp, Inc. Employee Stock Ownership Plan and FirstFed Bancorp, Inc., both of Bessemer, Alabama
Written Agreement dated June 27, 2011
Terminated September 1, 2016

Search of Federal Reserve enforcement actions.

For media inquiries, call 202-452-2955.

Last Update: September 06, 2016