ORDER TERMINATING THE FORMAL AGREEMENT
Exhibit 99 Order Terminating Formal Agreement by and between Progressive Bank, N.A. and the Office of the Comptroller of the Currency
UNITED STATES OF AMERICA
DEPARTMENT OF THE TREASURY
OFFICE OF THE COMPTROLLER OF THE CURRENCY
| In the Matter of: |
) | |
| ) | ||
| Progressive Bank, N.A. |
) | |
| Wheeling, West Virginia |
ORDER TERMINATING THE
WHEREAS, in an effort to protect the depositors, other customers and shareholders of Progressive Bank, N.A., Wheeling, West Virginia (Bank), and to ensure the Bank’s safe and sound operation, the Bank, and the Comptroller of the Currency of the United States of America (Comptroller), entered into an Agreement, dated December 15, 2004; and
WHEREAS, the Comptroller believes that the protection of the depositors, other customers and shareholders of the Bank as well as its safe and sound operation do not require the continued existence of said Agreement;
NOW, THEREFORE, the Comptroller directs that the Agreement between the Bank and the Comptroller be, and it hereby is, TERMINATED.
IN TESTIMONY WHEREOF, the undersigned, designated by the Comptroller as his/her authorized representative, has hereunto set his/her hand.
| /s/ Xxxxx X. Xxxxxxx |
December 13, 2006 | |
| Assistant Deputy Comptroller Pittsburgh Field Office |
Date |
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