Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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November 06, 2008

Cease and desist order against CapitalSouth Bancorp

For immediate release

The Federal Reserve Board on Thursday announced the issuance of a consent Cease and Desist Order against CapitalSouth Bancorp, Birmingham, Alabama, a registered bank holding company, and CapitalSouth Bank, Birmingham, Alabama, a state-chartered member bank.

A copy of the Cease and Desist Order is attached.

Attachment

Last Update: November 06, 2008

Press Release

Cease and desist order against CapitalSouth Bancorp