# Heritage Bancshares Group Inc. Employee Stock Ownership Plan and Trust, Spicer, Minnesota and Heritage Bancshares Group, Inc., Spicer, Minnesota — Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated

For Heritage Bancshares Group Inc. Employee Stock Ownership Plan and Trust, Spicer, Minnesota and Heritage Bancshares Group, Inc., Spicer, Minnesota, action is Written Agreement; effective date is 2024-08-06; board document is /newsevents/pressreleases/enforcement20240815a.htm; document type is Press Release, verified against its source on 2026-08-11.

- **Banking organisation:** Heritage Bancshares Group Inc. Employee Stock Ownership Plan and Trust, Spicer, Minnesota and Heritage Bancshares Group, Inc., Spicer, Minnesota _(verified: appears in the quote below)_
- **Action:** Written Agreement _(verified: appears in the quote below)_
- **Effective date:** 2024-08-06 _(verified: appears in the quote below)_
- **Board document:** /newsevents/pressreleases/enforcement20240815a.htm _(verified: appears in the quote below)_
- **Document type:** Press Release _(verified: appears in the quote below)_

## What the source says

> 2024-08-06,,,,"Heritage Bancshares Group Inc. Employee Stock Ownership Plan and Trust, Spicer, Minnesota and Heritage Bancshares Group, Inc., Spicer, Minnesota",Written Agreement,/newsevents/pressreleases/enforcement20240815a.htm,Press Release,

## Source

- https://www.federalreserve.gov/supervisionreg/files/enforcementactions.csv

Last verified: 2026-08-11. Review by: 2026-09-01.
Part of [Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated](https://referencesource.org/bank-enforcement-actions/).