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Federal Reserve Board – Federal Reserve Board issues enforcement actions with Herring Bancorp, Inc., Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.



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July 06, 2023

Federal Reserve Board issues enforcement actions with Herring Bancorp, Inc., Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.

For release at 11:00 a.m. EDT

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

Herring Bancorp, Inc., Amarillo, Texas

Cease and Desist Order dated June 29, 2023

Quontic Bank Acquisition Corp., Astoria, New York, and Quontic Bank Holdings Corp., Astoria, New York

Written Agreement dated July 5, 2023

Additional enforcement actions can be searched for here.

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

Last Update:
July 06, 2023


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