November 13, 2014

Federal Reserve Board issues enforcement action with PointBank and termination of enforcement actions with Fox River Valley Bancorp, Inc., and Monarch Community Bancorp, Inc.

For release at 11:00 a.m. EST

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

PointBank (PDF), Pilot Point, Texas
Order of assessment of civil money penalty dated November 6, 2014

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

Fox River Valley Bancorp, Inc., Appleton, Wisconsin
Written Agreement issued October 21, 2011
Terminated November 7, 2014

Monarch Community Bancorp, Inc., Coldwater, Michigan
Written Agreement issued September 21, 2010
Terminated November 7, 2014

Search of Federal Reserve enforcement actions.

For media inquiries, call 202-452-2955.

Last Update: November 13, 2014