UNITED STATES OF AMERICA BEFORE THEWritten Agreement • March 8th, 2016
Contract Type FiledMarch 8th, 2016WHEREAS, in recognition of their common goal to maintain the financial soundness of Hazard Bancorp, Hazard, Kentucky (the “Bancorp”), a registered bank holding company, and Peoples Bank and Trust Company of Hazard, Hazard, Kentucky (the “Bank”), a state-chartered bank that is a member of the Federal Reserve System, Bancorp, the Bank, the Federal Reserve Bank of Cleveland (the “Reserve Bank”), and the Commonwealth of Kentucky Department of Financial Institutions, Frankfort, Kentucky (the “KDFI”) have mutually agreed to enter into this Written Agreement (the “Agreement”); and
UNITED STATES OF AMERICA BEFORE THEWritten Agreement • March 8th, 2016
Contract Type FiledMarch 8th, 2016WHEREAS, in recognition of their common goal to maintain the financial soundness of Hazard Bancorp, Hazard, Kentucky (the “Bancorp”), a registered bank holding company, and Peoples Bank and Trust Company of Hazard, Hazard, Kentucky (the “Bank”), a state-chartered bank that is a member of the Federal Reserve System, Bancorp, the Bank, the Federal Reserve Bank of Cleveland (the “Reserve Bank”), and the Commonwealth of Kentucky Department of Financial Institutions, Frankfort, Kentucky (the “KDFI”) have mutually agreed to enter into this Written Agreement (the “Agreement”); and