Fed Issues Enforcement Action With Select Bank

WASHINGTON, Feb. 14 -- The Federal Reserve issued the following news release on Feb. 13, 2024:

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

Select Bank, Forest, Virginia

Flood insurance violations, civil money penalty, dated February 9, 2024

Additional enforcement actions can be searched for here (https://www.federalreserve.gov/apps/enforcementactions/search.aspx).

For media inquiries, please email [email protected] or call 202-452-2955.

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View attachment at: https://www.federalreserve.gov/newsevents/pressreleases/files/enforcement20240213a1.pdf

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Original text here: https://www.federalreserve.gov/newsevents/pressreleases/enforcement20240213a.htm