July 28, 2009

Written agreement with Bank Hapoalim

For immediate release

The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among Bank Hapoalim, B.M., Tel Aviv, Israel; the bank's branch in Aventura, Florida; the Federal Reserve Bank of New York; the Federal Reserve Bank of Atlanta; and the Florida Office of Financial Regulation.

The Written Agreement addresses Bank Secrecy Act and anti-money-laundering compliance policies and practices at Bank Hapoalim's Aventura branch.

A copy of the Written Agreement is attached.

Last Update: July 28, 2009