How the Fed is tackling small banks post-SVB
Digging into the recent enforcement action for Kansas-based Small Business Bank.
After a pretty quiet August, the Federal Reserve Board kicked off September by issuing a Cease and Desist order against a relatively small bank with around $100 million in assets - Lenexa, KS based Small Business Bank (formerly/also known as Gardner Bancshares, Inc. (Gardner, KS)). In this week's edition of our newsletter, we'll take a look at this acti…
Keep reading with a 7-day free trial
Subscribe to Fintech Compliance Chronicles to keep reading this post and get 7 days of free access to the full post archives.