Federal Reserve Board ends enforcement actions for three regional banks

Jerome H. Powell, Chair - Board Of Governors Of The Federal Reserve System
Jerome H. Powell, Chair - Board Of Governors Of The Federal Reserve System
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The Federal Reserve Board has announced the end of enforcement actions against three financial institutions. The actions, which involved written agreements with Riverbend Financial Corporation in Fort Worth, Texas; Northwest Bancorporation of Illinois, Inc. in Palatine, Illinois; and First Citizens Bank of Butte in Butte, Montana, have been terminated.

According to the Federal Reserve Board’s statement, the written agreement with Riverbend Financial Corporation dated February 14, 2023, was terminated on October 27, 2025. The agreement with Northwest Bancorporation of Illinois, Inc., originally signed on June 7, 2011, ended on October 28, 2025. Similarly, the written agreement with First Citizens Bank of Butte from May 2, 2024 was also terminated on October 28, 2025.

The Federal Reserve Board regularly posts updates regarding enforcement actions and terminations. More information about additional enforcement actions is available through their official search portal.



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