July 26, 2012

Federal Reserve Board issues enforcement action with Cornerstone Bancorp, Inc., and termination of enforcement actions with Community National Bancorporation, Heritage Oaks Bancorp, and Omega Capital Corp.

For immediate release

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

Cornerstone Bancorp, Inc. (PDF), St. Petersburg, Florida
Written Agreement dated July 23, 2012

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

Community National Bancorporation, Waterloo, Iowa
Written Agreement dated February 1, 2010
Terminated July 24, 2012

Heritage Oaks Bancorp, Paso Robles, California
Written Agreement dated March 4, 2010
Terminated July 19, 2012

Omega Capital Corp., Centennial, Colorado
Written Agreement dated October 20, 2010
Terminated July 24, 2012

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Last Update: July 26, 2012