Federal Reserve Board announces termination of enforcement actions with CoastalSouth Bancshares, Inc., Community West Bancshares, and Intervest Bancshares Corporation

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Federal Reserve Board announces termination of enforcement actions with CoastalSouth Bancshares, Inc., Community West Bancshares, and Intervest Bancshares Corporation

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The following press release was published by the Board of Governors of the Federal Reserve System on March 13, 2014. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the termination of the enforcement actions listed below: CoastalSouth Bancshares, Inc., Hilton Head, South Carolina Written Agreement dated Feb. 2, 2012 Terminated March 10, 2014 Community West Bancshares, Goleta, California Written Agreement dated April 23, 2012 Terminated March 11, 2014 Intervest Bancshares Corporation, New York, New York Written Agreement dated Jan. 14, 2011 Terminated March 7, 2014 Search of Federal Reserve enforcement actions.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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