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7/26/24, 1:35 PM FRB: Press Release -- Cease and Desist Order against Towne Bank -- February 6, 1998 Release Date: February 6, 1998 For immediate release The Federal Reserve Board today announced the issuance of a Cease and Desist Order against the Towne Bank, Perrysburg, Ohio. The Order was issued jointly with the Ohio Division of Financial Institutions. A copy of the order is attached. Order (820 KB PDF) 1998 Enforcement actions Home | News and events Accessibility Last update: February 11, 1998, 12:00 PM https://www.federalreserve.gov/boarddocs/press/enforcement/1998/199802062/ 1/1