Federal Reserve opens new Small Business Bank enforcement action, ends two others
The Federal Reserve Board said it opened one new enforcement action involving Small Business Bank in Lenexa, Kansas, and terminated two earlier orders involving BNP Paribas entities and Community Bankshares, Inc.
The Federal Reserve Board said Thursday it opened a new enforcement action involving Small Business Bank in Lenexa, Kansas, and terminated two prior orders involving BNP Paribas entities and Community Bankshares, Inc.
According to the board’s notice, the new action is a PCA directive dated June 29, 2026, involving Small Business Bank. The Fed also terminated a cease and desist order dated July 17, 2017, involving BNP Paribas S.A. of Paris, BNP Paribas USA, Inc. of New York, and BNP Paribas Securities Corp. of New York.
The board also terminated a cease and desist order dated April 14, 2026, involving Community Bankshares, Inc. of LaGrange, Georgia. Both terminations were dated June 25, 2026, according to the notice.
The Federal Reserve did not provide further detail in the material supplied beyond listing the actions, dates and locations. It also said additional enforcement actions can be searched for elsewhere.
Editorial note: This article was prepared with AI assistance and requires editorial review before publication.
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