The Federal Reserve Board terminated three enforcement actions involving Gardner Bancshares Inc. and Small Business Bank on Oct. 13, 2026. The actions comprised a September 2023 cease and desist order against both institutions, as well as a November 2024 cease and desist order and a June 2026 prompt corrective action against Small Business Bank.
Federal Reserve Board terminates three enforcement actions involving Gardner Bancshares and Small Business Bank
The Federal Reserve Board terminated three enforcement actions involving Gardner Bancshares and Small Business Bank on Oct. 13, 2026. The actions included two cease and desist orders and one prompt corrective action.