Three Fed enforcement actions involving Gardner Bancshares, Inc. and Small Business Bank, both based in Lenexa, Kansas, were terminated on October 13, 2026. The Federal Reserve Board announced the terminations on Friday, October 16.
Key Takeaways
- The Board ended two cease-and-desist orders and one prompt corrective action.
- A September 2023 order covered both Gardner Bancshares and Small Business Bank; the other two actions covered the bank.
- All three terminations took effect October 13, three days before the announcement.
Table of Contents
Which Fed enforcement actions ended
The earliest action was a cease-and-desist order dated September 1, 2023, involving both Gardner Bancshares and Small Business Bank.
The other two actions applied to Small Business Bank: a cease-and-desist order dated November 13, 2024, and a prompt corrective action dated June 29, 2026. The Board listed each as terminated on the same October date.
What the announcement establishes
The release confirms completed terminations rather than a plan to lift the actions at a later date. It identifies the entities, action types and relevant dates, but does not explain the reasons for the terminations or describe the underlying findings.
The Board links to the original enforcement documents and provides a separate search facility for additional enforcement actions.
Conclusion
The announcement closes the three listed actions, with October 13, 2026, recorded as the termination date for each.
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