Federal Reserve Board – Federal Reserve Board issues enforcement actions with Mode Eleven Bancorp, Steele Bancshares, Inc., and American State Bank




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April 04, 2024

Federal Reserve Board issues enforcement actions with Mode Eleven Bancorp, Steele Bancshares, Inc., and American State Bank

For release at 11:00 a.m. EDT

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

Mode Eleven Bancorp, Hulett, Wyoming

Cease and Desist Order dated March 28, 2024

Steele Bancshares, Inc., Tyler, Texas and American State Bank, Arp, Texas

Written Agreement dated March 29, 2024

Additional enforcement actions can be searched for here.

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

Last Update:
April 04, 2024



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