The Federal Reserve Board has announced the termination of an enforcement action involving Perry County Bancorp Inc. and Du Quoin State Bank, both based in Du Quoin, Illinois. The original written agreement was dated April 26, 2023, and the termination took effect on May 7, 2025.
This announcement provides closure to the regulatory measures previously imposed on these financial institutions. Further details or additional enforcement actions can be accessed through official channels.
The Federal Open Market Committee (FOMC) has unanimously reaffirmed its “Statement on Longer-Run Goals and Monetary Policy Strategy” during its annual organizational meeting this week.
The Federal Reserve Board has appointed seven members to its Insurance Policy Advisory Committee (IPAC), with four new members joining and three current members re-appointed.
Economic activity in the United States continues to expand at a solid pace, according to the latest statement from the Federal Open Market Committee (FOMC) of the Federal Reserve.
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