Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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October 05, 2009

Prompt corrective action directive against San Joaquin Bank

For immediate release

The Federal Reserve Board on Monday announced the issuance of a consent Prompt Corrective Action Directive against San Joaquin Bank, Bakersfield, California, a state chartered member bank.

A copy of the Directive is attached.

Attachment

Last Update: October 05, 2009

Press Release

Prompt corrective action directive against San Joaquin Bank