Federal Reserve announces enforcement action against former Heritage State Bank lending officer
The U.S. Federal Reserve Board on July 16, 2026 published an enforcement action against the former chief lending officer of Heritage State Bank.
The Board of Governors of the U.S. Federal Reserve System announced an enforcement action against the former chief lending officer of Heritage State Bank, according to a press release issued on July 16, 2026.
The subject of the action is identified in the announcement as an individual who previously served as the bank’s chief lending officer — the executive responsible for a bank’s credit and loan origination function — rather than the institution itself. The Federal Reserve Board published the accompanying enforcement action document alongside the announcement.
The Federal Reserve routinely discloses enforcement actions through its newsroom, and the documents are posted on the Board’s website, where the terms applying to the named individual are set out. The announcement as released did not accompany the action with further figures.