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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: August 7, 2012

For immediate release

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

Asian Financial Corporation (PDF), Philadelphia, Pennsylvania
Cease and Desist Order dated August 1, 2012

Gold Canyon Bank (PDF), Cold Canyon, Arizona
Prompt Corrective Action Directive dated August 1, 2012

Spirit BankCorp, Inc. (PDF), Bristow, Oklahoma
Written Agreement dated August 2, 2012

The State Bank of Blue Mound (PDF), Blue Mound, Illinois
Written Agreement dated August 1, 2012

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

LegacyTexas Group, Inc., Plano, Texas; LegacyTexas Bank, Plano, Texas 
Written Agreement dated August 18, 2009
Terminated August 1, 2012

Search of Federal Reserve enforcement actions.

For media inquiries, call 202-452-2955.

Last update: August 7, 2012