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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 7, 2011

For immediate release

The Federal Reserve Board on Thursday announced the execution of the following enforcement actions:

Bank of the Commonwealth (14 KB PDF), Norfolk, Virginia
Prompt Corrective Action Directive dated July 1, 2011

FirstFed Bancorp, Inc. Employee Stock Ownership Plan and FirstFed Bancorp, Inc. (18 KB PDF), both of Bessemer, Alabama
Written Agreement dated June 27, 2011

PGB Holdings, Inc. and Pacific Global Bank (129 KB PDF), both of Chicago, Illinois
Written Agreement dated June 30, 2011

Search of Federal Reserve enforcement actions.

For media inquiries, call 202-452-2955.

Last update: July 7, 2011