Written agreement with Cecil Bancorp and Cecil Bank

The following press release was published by the Board of Governors of the Federal Reserve System on July 2, 2010. It is reproduced in full below.

Note: The Written Agreement attached to the July 2 press release contained clerical errors. On Nov. 10, 2010, it was replaced with the corrected version of the Written Agreement. It is attached. The Federal Reserve Board on Friday announced the execution of a Written Agreement by and among Cecil Bancorp, Inc., Elkton, Maryland, a registered bank holding company, its subsidiary bank, Cecil Bank, Elkton, Maryland, a state-chartered member bank, the Federal Reserve Bank of Richmond, and the State of Maryland Commissioner of Financial Regulation.

A copy of the Written Agreement is attached.

Source: Board of Governors of the Federal Reserve System