July 21, 2015

Federal Reserve Board issues enforcement action with China Construction Bank Corporation and termination of enforcement action with Atlantic Coast Financial Corporation

For release at 11:00 a.m. EDT

The Federal Reserve Board on Tuesday announced the execution of the following enforcement action:

China Construction Bank Corporation, Beijing, People's Republic of China, and China Construction Bank New York Branch (PDF), New York, New York
Written Agreement dated July 16, 2015

The Federal Reserve Board also announced the termination of the enforcement action listed below:

Atlantic Coast Financial Corporation
Supervisory Agreement issued by the Office of Thrift Supervision dated December 10, 2010
Terminated July 15, 2015

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Last Update: July 21, 2015