The Federal Reserve Board announced that it has terminated enforcement actions against F & M Holding Company, Inc. of Manchester, Georgia, and Thread Bancorp, Inc. of Rogersville, Tennessee. The terminations close out written agreements that had been in place for the two holding companies. F & M Holding Company was subject to a written agreement dated May 31, 2011, while Thread Bancorp, formerly known as Volunteer Bancorp, Inc., was subject to a written agreement dated May 25, 2010. Both enforcement actions were terminated on May 6, 2026.
Federal Reserve Board 2026-05-12
Federal Reserve Board terminates written agreement enforcement actions against F & M Holding Company and Thread Bancorp
The Federal Reserve Board has terminated enforcement actions and associated written agreements against F & M Holding Company, Inc. of Manchester, Georgia, and Thread Bancorp, Inc. of Rogersville, Tennessee. The actions, originally imposed in 2011 and 2010 respectively, were both terminated on May 6, 2026.