Georgia’s Department of Banking and Finance entered into a Consent Removal and Prohibition Order with Walter Hynes Barnes, a director and loan officer of Woodbury, Ga.-based Woodbury Banking Co.
The department reported it entered the order to resolve allegations pertaining to violations of the bank’s legal lending limits. It was determined that Barnes, in his capacity as loan officer, approved loans that violated legal lending limits, and thereby engaged in unsafe and unsound practices in connection…
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