[The Federal Reserve Prohibits Thomas Engelbrecht from Engaging in Banking Activities and Fines Him $125,000] The Federal Reserve announced a prohibition on Thomas Engelbrecht from participating in banking activities and imposed a $125,000 fine. Thomas Engelbrecht is the former CEO of Bank of Eufaula and a former director of Bank of Eufaula and S N B Bancshares, Inc. Thomas Engelbrecht exploited his position to facilitate imprudent credit extensions to companies affiliated with his relatives and participated in falsifying board meeting records.