Written agreement with Spring Grove Investments

The following press release was published by the Board of Governors of the Federal Reserve System on March 24, 2009. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between Spring Grove Investments, Inc., Spring Grove, Minnesota, a registered bank holding company, and the Federal Reserve Bank of Minneapolis.

A copy of the Written Agreement is attached.

Source: Board of Governors of the Federal Reserve System