press releases · March 29, 2021

Press Release

March 30, 2021

Federal Reserve Board issues enforcement action with institution-affiliated parties of Farmers State Bank

For release at 11:00 a.m. EDT

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

Prohibition against Frank E. Smith and Mark A. Kiolbasa, institution-affiliated parties of Farmers State Bank, Pine Bluffs, Wyoming, for breach of fiduciary duties and engaging in unsafe or unsound practices.

Additional enforcement actions can be searched for here .

For media inquiries, call 202-452-2955.

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APA
Federal Reserve (2021, March 29). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20210330_federal_reserve_board_issues_enforcement_action
BibTeX
@misc{wtfs_press_release_20210330_federal_reserve_board_issues_enforcement_action,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2021},
  month = {Mar},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20210330_federal_reserve_board_issues_enforcement_action},
  note = {Retrieved via When the Fed Speaks corpus}
}