July 02, 2010
Written agreement with Cecil Bancorp and Cecil Bank
For immediate release
Note: The Written Agreement attached to the July 2 press release contained clerical errors. On November 10, 2010, it was replaced with the corrected version of the Written Agreement. It is attached.
The Federal Reserve Board on Friday announced the execution of a Written Agreement by and among Cecil Bancorp, Inc., Elkton, Maryland, a registered bank holding company, its subsidiary bank, Cecil Bank, Elkton, Maryland, a state-chartered member bank, the Federal Reserve Bank of Richmond, and the State of Maryland Commissioner of Financial Regulation.
A copy of the Written Agreement is attached.