October 17, 2019

Federal Reserve Board issues enforcement action with former employee of Southern Bancorp Bank

For release at 11:30 a.m. EDT

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

Consent prohibition against Michael Joseph Erickson, former employee of Southern Bancorp Bank, Arkadelphia, Arkansas, for embezzling bank funds for his own benefit.

Additional enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

Last Update: October 17, 2019