Federal brief
Board issues prohibition order after Sandy Spring Bank embezzlement case
On September 24, 2026, the Board announced a consent prohibition against Renee Nicole Brown, a former Sandy Spring Bank employee, tied to embezzlement by a bank employee.
The Federal Reserve Board on September 24, 2026, announced a consent prohibition order against Renee Nicole Brown, a former employee of Sandy Spring Bank. The Board’s enforcement line lists the conduct as embezzlement by a bank employee.
A prohibition order bars the person from participating in the affairs of an insured depository institution or other specified banking organizations without prior regulatory approval. The Board posts the signed PDF with the press release.
This is a personnel enforcement announcement, not a monetary-policy action and not a Legal Publication. Read the Board’s PDF for the exact findings and terms.
Source: https://www.federalreserve.gov/newsevents/pressreleases/enforcement20260924a.htm
What to read next: /executive/agency/federal-reserve and /federal.
This is a Notice Nearby publisher-desk Federal brief — a short in-house summary of a public federal filing or agency press release. It is not official agency minutes, not a newspaper story, and not Legal Publication. It does not satisfy a statutory notice requirement.
Source: the official public federal record official record · Federal Reserve · Enforcement · Sep 24, 2026.
This is a Notice Nearby publisher-desk Federal brief — a short in-house summary of a public federal filing. It is not official agency minutes, not a newspaper story, and not Legal Publication. It does not satisfy a statutory notice requirement.