July 24, 2012

Federal Reserve Board issues enforcement action with Macon Bancorp and termination of enforcement action with Premier Financial Bancorp, Inc., Abigail Adams National Bancorp, Inc., Consolidated Bank and Trust Company

For immediate release

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

Macon Bancorp (PDF), Franklin, North Carolina
Written Agreement dated July 20, 2012

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

Premier Financial Bancorp, Inc., Huntington, West Virginia; Abigail Adams National Bancorp, Inc., Washington, D.C.; Consolidated Bank and Trust Company, Richmond, Virginia
Written Agreement dated July 29, 2010
Terminated July 23, 2012

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Last Update: July 24, 2012