The Federal Reserve Board announced a new enforcement action against Small Business Bank of Lenexa, Kansas, issuing a PCA Directive dated June 29, 2026. In the same release, it said it had terminated earlier enforcement actions against BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc. The terminated actions were a cease and desist order dated July 17, 2017 covering BNP Paribas S.A. of Paris, France, BNP Paribas USA, Inc. of New York, and BNP Paribas Securities Corp. of New York, and a cease and desist order dated April 14, 2026 covering Community Bankshares, Inc. of LaGrange, Georgia. Both terminations took effect on June 25, 2026.
Federal Reserve Board2026-07-02
Federal Reserve Board issues PCA Directive to Small Business Bank and terminates enforcement actions against BNP Paribas entities and Community Bankshares
The Federal Reserve Board issued a PCA Directive dated June 29, 2026 to Small Business Bank in Lenexa, Kansas. It also terminated cease and desist orders for BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp., and Community Bankshares, Inc., with both terminations effective June 25, 2026.