Federal Reserves Terminates Action – Cornerstone Bancshares

Federal Reserve Board announces termination of enforcement action with Cornerstone Bancshares, Inc.

WASHINGTON, DC (STL.News) The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below:

  1. Cornerstone Bancshares, Inc., Atlanta, Georgia
  2. Order to Cease and Desist, issued by the Office of Thrift Supervision dated June 17, 2010 (PDF)
  3. Terminated December 21, 2021