Order to cease and desist against Nexity Financial

The following press release was published by the Board of Governors of the Federal Reserve System on June 10, 2009. It is reproduced in full below.

The Federal Reserve Board on Wednesday announced the issuance of a consent cease and desist order against Nexity Financial Corporation, Birmingham, Alabama, a registered bank holding company.

A copy of the cease and desist order is attached.

Source: Board of Governors of the Federal Reserve System