Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: April 30, 2004

For immediate release

The Federal Reserve Board on Friday announced the termination of the enforcement actions listed below. The Federal Reserve’s enforcement action web site, http://www.federalreserve.gov/boarddocs/enforcement, reports the terminations as they occur.

Korea Exchange Bank, Seoul, Korea, and its affiliated branches
and agency offices
Order of Consent dated May 16, 2000
Terminated April 22, 2004

First American Bank, Elk Grove Village, Illinois
Written Agreement dated September 26, 2003
Terminated February 19, 2004

First State Bank of West Manchester, West Manchester, Ohio
Written Agreement dated April 25, 2003
Terminated February 18, 2004

Madison Bank, Blue Bell, Pennsylvania
Written Agreement dated June 20, 2002
Terminated February 9, 2004

Midstate Bancorp, Inc., Hinton, Oklahoma
Written Agreement dated March 1, 2003
Terminated December 2, 2003

Bank of Ephraim, Ephraim, Utah
Written Agreement dated October 26, 2001
Terminated November 11, 2003

MSB Shares, Inc., and MidSouth Bank, Jonesboro, Arkansas
Written Agreement dated February 5, 2002
Terminated October 23, 2003

Texas Coastal Bank, Pasadena, Texas
Cease and Desist Order dated May 16, 1995
Terminated October 22, 2003

O.A.K. Financial Corporation and Byron Center State Bank
Byron Center, Michigan
Written Agreement dated October 4, 2002
Terminated October 16, 2003

2004 Enforcement actions

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Last update: April 30, 2004