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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: December 7, 2009

For immediate release

The Federal Reserve Board on Monday announced the execution of a consent Cease and Desist Order by and among Pierce County Bancorp, Tacoma, Washington, a registered bank holding company, Pierce Commercial Bank, a state chartered member bank, the Federal Reserve Board, and the Washington State Department of Financial Institutions.

A copy of the Written Agreement is attached.

Attachment (579 KB PDF)

Last update: December 7, 2009