January 11, 2024

Federal Reserve Board issues enforcement actions with former employee of Bank of Jackson Hole and former employees of Farmers and Merchants Savings Bank

For release at 11:00 a.m. EST

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

Consent prohibition order against John Freeze
Former employee of Bank of Jackson Hole, Jackson, Wyoming
Misappropriation of documents, including confidential supervisory information

Consent cease and desist order and civil money penalty against Randy Johnson
Former employee of Farmers and Merchants Savings Bank, Manchester, Iowa
Misappropriation of confidential bank records

Consent cease and desist order and civil money penalty against Chad Kellogg
Former employee of Farmers and Merchants Savings Bank, Manchester, Iowa
Misappropriation of confidential bank records

Consent cease and desist order and civil money penalty against Jeffrey Hines
Former employee of Farmers and Merchants Savings Bank, Manchester, Iowa
Misappropriation of confidential bank records

Additional enforcement actions can be searched for here.

For media inquiries, please email [email protected] or call 202-452-2955.

Note: On February 13, 2024, the attached Order of Prohibition against John Freeze was updated to correct a typo with its effective date.

Last Update: February 13, 2024