2026-05-12
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.
Skip to main content
An official website of the United States Government Official websites use .gov A .gov website belongs to an official government organization in the United States. Secure .gov websites use HTTPS A lock ( ) or https:// means you've safely connected to the .gov website. Share sensitive information only on official, secure websites.
Sections
Search
Search Submit Button
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