Written agreement with West Concord Banshares and Farmers State Bank of Concord

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

The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and among West Concord Bancshares, Inc., a registered bank holding company, Farmers State Bank of West Concord, a state chartered member bank, both of West Concord, Minnesota, and the Federal Reserve Bank of Minneapolis.

A copy of the Agreement is attached.

Source: Board of Governors of the Federal Reserve System