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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: July 9, 2010

For immediate release

The Federal Reserve Board on Friday announced the execution of a Written Agreement by and among Commonwealth Bankshares, Inc., Norfolk, Virginia, a registered bank holding company, and its subsidiary bank, Bank of the Commonwealth, Norfolk, Virginia, a state-chartered member bank, the Federal Reserve Bank of Richmond, and the Virginia State Corporation Commission, Bureau of Financial Institutions.

A copy of the Written Agreement is attached.

Attachment (131 KB PDF)

Last update: July 9, 2010