July 22, 2014

Federal Reserve Board issues enforcement action with State Bank and termination of enforcement actions with NASB Financial, Inc., and NexTier Incorporated

For immediate release

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

State Bank (PDF), New Hampton, Iowa
Order of assessment of civil money penalty dated July 17, 2014

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

NASB Financial, Inc., Grandview, Missouri
Written Agreement issued November 29, 2012
Terminated July 16, 2014

NexTier Incorporated, Butler, Pennsylvania
Written Agreement issued October 4, 2010
Terminated July 17, 2014

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Last Update: July 22, 2014