Federal Reserve Bans Former Regions Bank Employee

Nicole M. Ramsey prohibited from banking industry after misappropriating customer funds

Published on Feb. 13, 2026

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The Federal Reserve Board has announced a consent prohibition order against Nicole M. Ramsey, a former employee of Regions Bank in Birmingham, Alabama, for the misappropriation of customer funds.

Why it matters

This enforcement action by the Federal Reserve demonstrates its commitment to holding banking industry employees accountable for unethical behavior that violates consumer trust. The prohibition order prevents Ramsey from participating in the banking industry going forward.

The details

According to the Federal Reserve, Ramsey, a former Regions Bank employee, was found to have misappropriated customer funds while working at the bank's Birmingham, Alabama location. The Federal Reserve has now issued a consent prohibition order, barring Ramsey from participating in the banking industry in the future.

  • The Federal Reserve Board announced the enforcement action on February 13, 2026.

The players

Nicole M. Ramsey

A former employee of Regions Bank in Birmingham, Alabama who was prohibited from the banking industry by the Federal Reserve for misappropriating customer funds.

Regions Bank

A regional bank headquartered in Birmingham, Alabama where Nicole M. Ramsey was previously employed.

Federal Reserve Board

The central banking system of the United States that announced the enforcement action against Nicole M. Ramsey.

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The takeaway

This enforcement action by the Federal Reserve demonstrates its commitment to protecting consumers by holding banking industry employees accountable for unethical behavior that violates the public's trust in financial institutions.