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

June 13, 2018 / Source: FRB

Press Release

June 12, 2018

Federal Reserve Board issues enforcement action with Ashley Burrus and announces termination of enforcement action with Patterson Bankshares, Inc.

For release at 11:00 a.m. EDT

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

Consent prohibition of Ashley Burrus, former Financial Services Specialist 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:

Patterson Bankshares, Inc., Patterson, Georgia
Written Agreement dated June 1, 2010 (PDF)
Terminated June 7, 2018

Additional enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

Attachment (PDF)