The Federal Reserve Board has issued an enforcement action against Renee Nicole Brown, a former employee of Sandy Spring Bank, for misappropriating approximately $246,000 from teller cash dispenser machines between June 2023 and July 2024. Brown, who was a Teller Supervisor at a Bank branch in Silver Spring, Maryland, pleaded guilty to "Theft Scheme" in violation of Maryland law and received a sentence of probation, with partial restitution to be made to the Bank. The enforcement action, which was announced on September 24, 2026, prohibits Brown from participating in the conduct of the affairs of any insured depository institution or holding company, soliciting or voting proxies, and serving as an institution-affiliated party. The order also requires Brown to comply with its provisions and waives her rights to a hearing or judicial review. Any violation of the order may result in civil or criminal penalties. The Federal Reserve Board's action is intended to ensure compliance with banking regulations and prevent similar misconduct in the future. The case highlights the importance of internal controls and oversight in the banking industry to prevent employee misconduct and protect depositors' funds. The enforcement action is a reminder that bank employees who engage in misconduct will be held accountable for their actions.