The Federal Reserve issued an enforcement action against a Montana bank holding company and lifted one from the parent of a recovering Texas bank. Both moves mirror actions by the Office of the Comptroller of the Currency toward the companies' banking units.

The Federal Reserve Bank of Minneapolis entered into a written agreement with Countricorp of White Sulphur Springs, Mo., parent of the $125 million Bank of the Rockies. The agreement, dated Jan. 29, prevents the company from paying dividends, taking on debt or repurchasing shares without the regulator's consent, and requires it to make periodic reports to the Fed.

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