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Federal Reserve Board issues enforcement action

October 24, 2018 / Source: FRB

Press Release

October 23, 2018

Federal Reserve Board issues enforcement action with Joel Shumate

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 Joel Shumate, former Senior Vice President of First Iowa State Bank, Keosauqua, Iowa, for engaging in improper practices regarding credit origination.

Other enforcement actions can be searched for here.

For media inquiries, call 202-452-2955.

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Last Update: October 23, 2018