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7/26/24, 1:35 PM FRB: Press Release -- Order of Prohibition against Stephen R. Koury -- February 6, 1998 Release Date: February 6, 1998 For immediate release The Federal Reserve Board today announced the issuance of an Order of Prohibition against Stephen R. Koury, a former employee and institution-affiliated party of First Western Trust Services Company, New Castle, Pennsylvania, a nonbank subsidiary of First Western Bancorp, Inc., New Castle, Pennsylvania, a registered bank holding company. Mr. Koury, without admitting to any allegations, consented to the issuance of the Order as a result of his alleged participation in violations of law in connection with his misappropriation of Trust Services's customer and company funds. A copy of the order is attached. Order (145 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/1998/199802064/ 1/1