Federal Reserve Board announces termination of enforcement actions with Gardner Bancshares, Inc. and Small Business Bank

What happened: The Federal Reserve Board announced the termination of enforcement actions involving Gardner Bancshares, Inc. and Small Business Bank, both of Lenexa, Kansas. Key numbers: Cease and Desist Order dated September 1, 2023, terminated October 13, 2026. Cease and Desist Order dated November 13, 2024, terminated October 13, 2026. Why it matters: The terminations end the Fed's outstanding cease and desist orders and prompt corrective action against the institutions, lifting those specific supervisory restrictions. Coverage: 3 outlets in 24h

Federal Reserve terminates enforcement actions against Gardner Bancshares and Small Business Bank.

Federal Reserve terminates enforcement actions against Gardner Bancshares and Small Business Bank. — impact context not separately stored; see What changed.