FED – FED issues enforcement action with institution-affiliated parties of Farmers State Bank


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March 30, 2021

FED issues enforcement action with institution-affiliated parties of Farmers State Bank

For release at 11:00 a.m. EDT

The FED on Tuesday announced the execution of the enforcement action listed below:

Prohibition against Frank E. Smith & Mark A. Kiolbasa, institution-affiliated parties of Farmers State Bank, Pine Bluffs, Wyoming, for breach of fiduciary duties & engaging in unsafe or unsound practices.

Additional enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

Last Update:

March 30, 2021

Source: Federal Reserves

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