August 04, 2015

Federal Reserve Board issues enforcement action with Four Oaks Bank & Trust Company and termination of enforcement action with Four Oaks Fincorp, Inc. and Four Oaks Bank & Trust Company

For release at 11:00 a.m. EDT

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

Four Oaks Bank & Trust Company (PDF), Four Oaks, North Carolina
Written Agreement dated July 30, 2015

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

Four Oaks Fincorp, Inc. and Four Oaks Bank & Trust Company, both of Four Oaks, North Carolina 
Written Agreement dated May 24, 2011
Terminated July 30, 2015

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Last Update: August 04, 2015