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Finward Bancorp subsidiary Peoples Bank has FDIC and Indiana DFI terminate prior MOU

Finward Bancorp confirmed the FDIC and Indiana DFI have terminated the memorandum of understanding with its Peoples Bank subsidiary effective immediately.Key Highlights:Original SEC Filing: Finward Bancorp [ FNWD ] - 8-K - Jul. 06, 2026This is an AI-powered summary. It may contain inaccuracies. Con…

Finward Bancorp confirmed the FDIC and Indiana DFI have terminated the memorandum of understanding with its Peoples Bank subsidiary effective immediately.

Key Highlights:

Peoples Bank entered an MOU with the FDIC and Indiana DFI on Aug 9, 2024 to address regulatory matters.
By letter dated June 24, 2026 the FDIC and DFI notified the Bank the MOU is terminated effective immediately.
Termination indicates the regulators consider the matters addressed by the MOU resolved or no longer requiring that informal agreement.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.