The Federal Reserve Board announced the execution of two enforcement actions in the form of consent prohibition orders against former bank employees for alleged misuse of funds. The actions cover Cassandra Grayson, a former employee of Equity Bank in Andover, Kansas, for embezzlement of bank funds, and Sandra Adams, a former employee of First State Bank of Dongola in Dongola, Illinois, for misappropriation of customer funds.
Federal Reserve Board 2026-03-13
Federal Reserve Board issues consent prohibition orders against former Equity Bank and First State Bank of Dongola employees
The Federal Reserve Board executed consent prohibition orders against Cassandra Grayson and Sandra Adams, former employees of Equity Bank and First State Bank of Dongola, respectively. Grayson was charged with embezzlement of bank funds, while Adams faced allegations of misappropriating customer funds.