Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Board Actions PDF
Actions taken during the week ending June 20, 2026
Enforcement
Manufacturers and Traders Trust Company, Buffalo, New York -- consent order of prohibition against Matthew Cheong, a former institution-affiliated party.
Announced: June 18, 2026
S N B Bancshares, Inc., and Bank of Eufaula, both of Eufaula, Oklahoma -- consent order of prohibition and assessment of civil money penalty against Thomas Engelbrecht, a former institution-affiliated party.
Announced: June 18, 2026
International Operations
Shermen Holdings, Inc., Washington, DC -- to establish Shermen Bank International, Washington, DC, as an Edge corporation.
Approved: June 15, 2026
Last Update: June 25, 2026