Federal Reserve terminates enforcement actions against Gardner Bancshares and Small Business Bank
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The Federal Reserve Board announced the termination of enforcement actions with Gardner Bancshares, Inc. and Small Business Bank, both based in Lenexa, Kansas . The terminations took effect on October 13, 2026 . The terminated actions include a Cease and Desist Order dated September 1, 2023 for Gardner Bancshares, a Cease and Desist Order dated November 13, 2024 for Small Business Bank, and a Prompt Corrective Action dated June 29, 2026 for Small Business Bank .
Why it matters. The banks are no longer subject to the listed Cease and Desist Orders and Prompt Corrective Action as of October 13, 2026 .