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Federal Reserve Board issues enforcement action and announces termination of enforcement action

April 30, 2018 / Source: FRB

Press Release

April 26, 2018

Federal Reserve Board issues enforcement action with Gayle Kendrick and announces termination of enforcement action with Rock Bancshares, Inc. and Heartland Bank

For release at 11:00 a.m. EDT

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

Consent prohibition of Gayle Kendrick, former Branch Team Leader of Regions Bank, Birmingham, Alabama, for engaging in improper practices regarding credit origination

The Board also announced the termination of the enforcement action listed below:

Rock Bancshares, Inc., Little Rock, Arkansas
and Heartland Bank, Little Rock, Arkansas
Written Agreement dated December 13, 2016
Terminated April 23, 2018

The enforcement action from December 2016 can be found here and other enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

Attachment (PDF)

Last Update: April 26, 2018