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Federal Reserve announces two enforcement actions

The Federal Reserve Board has announced execution of two enforcement actions.

  • Cease and Desist Order against Frankewing Bancshares, Inc., Frankewing, Tennessee
  • Civil money penalty of $15,500 against Bank of Hawaii, Honolulu, Hawaii, for a pattern or practice of violations of section 208.25 of Regulation H, which implements the provisions of the National Flood Insurance Act.
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