Federal agents working with the U.S. Treasury's Troubled Asset Relief Program executed search warrants at two Colonial Bank offices in Florida on Monday, local media reported.

A spokeswoman for the Alabama-based bank told Reuters that a warrant had been served at the bank's Orlando location but could not confirm an Orlando Sentinel report that another had been executed at one of the bank's offices in the central Florida town of Ocala.

Nor could she say what was the target of the warrants.

The bank is cooperating, Colonial Senior Vice President Merrie Tolbert told Reuters by telephone. Colonial continues to operate as usual. This search warrant has no impact on our day-to-day retail and commercial banking operations.
(Reporting by Jane Sutton; Editing by Leslie Gevirtz)

Florida