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

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

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.

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