The Federal Reserve Board announced on July 30, 2026, the execution of an enforcement action against Iuka Bancshares, Inc. and The Iuka State Bank, both based in Salem, Illinois. The action involves a Written Agreement dated July 15, 2026. The agreement outlines specific supervisory conditions and corrective measures. The Fed stated the action addresses compliance issues requiring resolution. Additional enforcement actions are available for search on the Federal Reserve Board website. The Board emphasized its commitment to ensuring adherence to regulatory standards. For media inquiries, contact media@frb.gov or 202-452-2955.
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