November 10, 2009

Written agreement with West Concord Banshares and Farmers State Bank of Concord

For immediate release

The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among West Concord Bancshares, Inc., a registered bank holding company, Farmers State Bank of West Concord, a state chartered member bank, both of West Concord, Minnesota, and the Federal Reserve Bank of Minneapolis.

A copy of the Agreement is attached.

Last Update: November 10, 2009