Prompt corrective action directive against Neighborhood Community Bank

The following press release was published by the Board of Governors of the Federal Reserve System on May 28, 2009. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the issuance of a consent Prompt Corrective Action Directive against Neighborhood Community Bank, Newnan, Georgia, a state chartered member bank.

A copy of the Directive is attached.

Source: Board of Governors of the Federal Reserve System