UNITED STATES OF AMERICA BEFORE THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON, D.C.Written Agreement • January 8th, 2010 • North Valley Bancorp • State commercial banks
WHEREAS, in recognition of their common goal to maintain the financial soundness of North Valley Bancorp, Redding, California (“Bancorp”), a registered bank holding company, and its subsidiary bank, North Valley Bank, Redding, California (the “Bank”), a state chartered bank that is a member of the Federal Reserve System, Bancorp, the Bank, and the Federal Reserve Bank of San Francisco (the “Reserve Bank”) have mutually agreed to enter into this Written Agreement (the “Agreement”); and
