Press Release

August 11, 2011 Board issues enforcement actions with Bank of the Eastern Shore and Texas Coastal Bank For immediate release Share The Federal Reserve Board on Thursday announced the issuance of a Prompt Corrective Action Directive against Bank of the Eastern Shore (PDF) , Cambridge, Maryland, a state-chartered member bank dated August 8, 2011. The Federal Reserve Board also on Thursday announced the execution of a written agreement against Texas Coastal Bank (PDF) , Pasadena, Texas, a state-chartered member bank, dated August 4, 2011. Search of Federal Reserve enforcement actions . For media inquiries, call 202-452-2955.

Federal Reserve (2011, August 10). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20110811_board_issues_enforcement_actions_with_bank_of_the

@misc{wtfs_press_release_20110811_board_issues_enforcement_actions_with_bank_of_the,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2011},
  month = {Aug},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20110811_board_issues_enforcement_actions_with_bank_of_the},
  note = {Retrieved via When the Fed Speaks corpus}
}