FEDERAL DEPOSIT INSURANCE CORPORATION WASHINGTON, D.C.Bank of Granite Corp • September 4th, 2009 • State commercial banks
Subject to the acceptance of this STIPULATION AND CONSENT TO THE ISSUANCE OF AN ORDER TO CEASE AND DESIST (“CONSENT AGREEMENT”) by the Federal Deposit Insurance Corporation (“FDIC”), it is hereby stipulated and agreed by and between a representative of the Legal Division of the FDIC, the North Carolina Commissioner of Banks (the “Commissioner”), and BANK OF GRANITE, Granite Falls, North Carolina (“Bank”), through its board of directors, as follows:
