Community Bankshares Cease and Desist Order

The Federal Reserve Board executed a Cease and Desist Order against Community Bankshares, Inc., a bank holding company based in LaGrange, Georgia. The order, dated April 14, 2026, requires the institution to cease and desist from specific practices identified during regulatory examination.\n\nBank holding companies subject to Federal Reserve enforcement actions must comply promptly with all terms of the order. The specific remediation requirements and any associated penalties are detailed in the formal order document. Institutions should monitor Federal Reserve enforcement action databases for additional information and ensure internal compliance programs address similar risk areas.