Forex News
Federal Reserve Announces Enforcement Action Against Iuka Bancshares
The Federal Reserve Board announced an enforcement action Thursday against Iuka Bancshares, Inc. and The Iuka State Bank of Salem, Illinois, tied to a written agreement dated July 15, 2026.
- The Federal Reserve Board announced an enforcement action against Iuka Bancshares, Inc. and The Iuka State Bank.
- The announcement was made on a Thursday.
- The written agreement underlying the action is dated July 15, 2026.
- Both Iuka Bancshares, Inc. and The Iuka State Bank are located in Salem, Illinois.
- The related press release is dated July 30, 2026 and was set for release at 11:00 a.m. EDT.
Federal Reserve Takes Action Against Illinois Bank Holding Company
The Federal Reserve Board announced an enforcement action against Iuka Bancshares, Inc. and The Iuka State Bank on Thursday. Both entities are based in Salem, Illinois.
Details of the Written Agreement
The action is tied to a written agreement between the parties dated July 15, 2026. A press release detailing the matter was dated July 30, 2026. The release was scheduled for issuance at 11:00 a.m. EDT.
Media Contact Information
The Federal Reserve Board listed a media contact email address of [email protected] for inquiries related to the announcement. A corresponding media contact phone number, 202-452-2955, was also provided.
- Enforcement action announced against Iuka Bancshares, Inc. and The Iuka State Bank.
- Announcement made on Thursday.
- Written agreement dated July 15, 2026.
- Both entities located in Salem, Illinois.
- Press release dated July 30, 2026, set for 11:00 a.m. EDT release.