Board of Governors of the Federal Reserve System

09/25/2025 | Press release | Distributed by Public on 09/25/2025 13:30

Federal Reserve Board issues enforcement action with former employee of Dacotah Bank

The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below:

Consent prohibition order against Nicholas Leroy Klug
Former employee of Dacotah Bank, Aberdeen, South Dakota
Embezzlement of bank funds

Additional enforcement actions can be searched for here.

For media inquiries, please email [email protected]or call 202-452-2955.

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