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7/25/24, 9:29 AM FRB: Press Release -- Prompt Corrective Action Directive against OmniBank -- March 16, 1998 Release Date: March 16, 1998 For immediate release The Federal Reserve Board today announced the issuance of a Prompt Corrective Action Directive against the OmniBank, River Rouge, Michigan. A copy of the directive is attached. Order (211 KB PDF) 1998 Enforcement actions Home | News and events Accessibility Last update: April 8, 1998, 12:00 PM https://www.federalreserve.gov/boarddocs/press/enforcement/1998/19980316/ 1/1