Written agreement with The South Financial Group

The following press release was published by the Board of Governors of the Federal Reserve System on May 7, 2010. It is reproduced in full below.

The Federal Reserve Board on Friday announced the execution of a Written Agreement by and between The South Financial Group, Greenville, South Carolina, a registered bank holding company, and the Federal Reserve Bank of Richmond.

A copy of the Written Agreement is attached.

Source: Board of Governors of the Federal Reserve System