Federal Reserve Board ends enforcement actions for three regional banks

Jerome H. Powell, Chair - Board Of Governors Of The Federal Reserve System
Jerome H. Powell, Chair - Board Of Governors Of The Federal Reserve System
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The Federal Reserve Board has announced the termination of enforcement actions against three financial institutions. These terminations affect Riverbend Financial Corporation in Fort Worth, Texas; Northwest Bancorporation of Illinois, Inc. in Palatine, Illinois; and First Citizens Bank of Butte in Butte, Montana.

According to the announcement, the written agreement with Riverbend Financial Corporation, which began on February 14, 2023, was terminated on October 27, 2025. The agreement with Northwest Bancorporation of Illinois, Inc., initiated on June 7, 2011, ended on October 28, 2025. Similarly, the written agreement with First Citizens Bank of Butte dated May 2, 2024 was also terminated on October 28, 2025.

The Federal Reserve Board stated: “The Federal Reserve Board on Tuesday announced the termination of the enforcement actions listed below:

Riverbend Financial Corporation, Fort Worth, Texas
Written Agreement dated February 14, 2023 (PDF)
Terminated October 27, 2025

Northwest Bancorporation of Illinois, Inc., Palatine, Illinois
Written Agreement dated June 7, 2011 (PDF)
Terminated October 28, 2025

First Citizens Bank of Butte, Butte, Montana
Written Agreement dated May 2, 2024 (PDF)
Terminated October 28, 2025″

Additional information about other enforcement actions by the Federal Reserve can be found through their searchable database.



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