Cease and desist order against Irwin Financial Corporation and Irwin Union Bank and Trust

The following press release was published by the Board of Governors of the Federal Reserve System on Sept. 16, 2009. It is reproduced in full below.

The Federal Reserve Board on Wednesday announced the execution of a consent Cease and Desist Order by and among Irwin Financial Corporation, a registered bank holding company, Irwin Union Bank and Trust Company, a state chartered member bank, both of Columbus, Indiana, the Federal Reserve Board, and the Indiana Department of Financial Institutions.

A copy of the Order is attached.

Source: Board of Governors of the Federal Reserve System