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Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank

July 16, 2026

Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank

For release at 11:00 a.m. EDT

The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below:

Prohibition order against James Burns
Former Chief Lending Officer of Heritage State Bank, Lawrenceville, Illinois
Appraisal-Related Lending Misconduct

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