2026-05-12

Federal Reserve Board Announces Termination of Enforcement Actions with F & M Holding Company, Inc. and Thread Bancorp, Inc.

The Federal Reserve Board terminated the enforcement actions against F & M Holding Company, Inc. and Thread Bancorp, Inc., effective May 6, 2026. The regulatory agency formally concluded the written agreements originally executed in 2010 and 2011, which had mandated specific compliance measures for the Georgia holding company and Tennessee bank. This administrative resolution releases both financial institutions from prior supervisory obligations and restores their standard regulatory standing.

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Press Release

May 12, 2026

Federal Reserve Board announces termination of enforcement actions with F & M Holding Company, Inc. and Thread Bancorp, Inc.

For release at 11:00 a.m. EDT

The Federal Reserve Board on Tuesday announced the termination of the enforcement actions listed below:

F & M Holding Company, Inc., Manchester, Georgia

Written Agreement dated May 31, 2011 (PDF) Terminated May 6, 2026

Thread Bancorp, Inc., Rogersville, Tennessee (formerly known as Volunteer Bancorp, Inc.)

Written Agreement dated May 25, 2010 (PDF) Terminated May 6, 2026

Additional enforcement actions can be searched for here .

For media inquiries, please email media@frb.gov or call 202-452-2955.

Last Update: May 12, 2026