May 30, 2013

Federal Reserve Board issues enforcement actions with Commerce Bank and Trust Holding Company Employee Stock Ownership Plan, Commerce Bank and Trust Holding Company, and Riverview Bancorp, Inc. and termination of enforcement actions

For immediate release

The Federal Reserve Board on Thursday announced the execution of the following enforcement actions:

Commerce Bank and Trust Holding Company Employee Stock Ownership Plan, and Commerce Bank and Trust Holding Company (PDF), both of Topeka, Kansas
Written Agreement dated May 23, 2013

Riverview Bancorp, Inc. (PDF), Vancouver, Washington
Written Agreement dated May 28, 2013       

The Federal Reserve Board also announced the termination of the enforcement actions listed below: 

Border Bancshares, Inc., Greenbush, Minnesota
Written Agreement dated May 27, 2010
Terminated May 28, 2013 

Border Capital Group, Inc., McAllen, Texas
Written Agreement dated October 20, 2011
Terminated May 28, 2013 

CIT Group Inc., New York, New York
Written Agreement dated August 12, 2009
Terminated May 23, 2013 

Market Bancorporation, Inc. Elk New Market, Minnesota
Written Agreement dated February 10, 2011
Terminated May 28, 2013

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Last Update: May 30, 2013