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Federal Reserve Board issues enforcement action with employee of First Savings Bank

October 20, 2020 / Source: FRB

Press Release

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

Consent cease and desist order against Weldon Riggs, an employee of First Savings Bank, Jeffersonville, Indiana, for engaging in unsafe and unsound practices while supervising a loan production office.

Additional enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

Last Update: October 20, 2020