Written agreement with Desert Hills Capital Corp.

The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 5, 2009. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Desert Hills Capital Corp., Phoenix, Arizona, a registered bank holding company, and the Federal Reserve Bank of San Francisco.

A copy of the Written Agreement is attached.

Source: Board of Governors of the Federal Reserve System