CNN —The Federal Reserve on Thursday admonished Tanner Winterhof, a former executive at VisionBank of Iowa, for allegedly falsifying documents, causing the bank to endure major losses.
Despite VisionBank terminating him last year, Winterhof still managed to get another job at a bank.
According to the Fed, Winterhof falsified documents, including a subordination agreement, related to loans extended to a customer.
However, shortly after CNN reached out to Availa Bank for comment, Winterhof was removed from Availa’s staff page.
An Availa executive told CNN in an email that Winterhof no longer works at the bank.
Persons:
Tanner Winterhof, Winterhof, Melissa Dyer, VisionBank, thea, ” Winterhof, Heather Miller, ”, Lisa Irlbeck, “
Organizations:
CNN, Federal Reserve, Bank, Department, Agriculture’s Farm Service Agency, Fed, VisionBank, Availa Bank, Federal, Mr, Iowa Bankers Association
Locations:
Iowa