AGREEMENT BY AND BETWEEN Citizens Financial Bank Munster, Indiana and The Comptroller of the CurrencyBanking Compliance Agreement • December 21st, 2012 • CFS Bancorp Inc • Savings institution, federally chartered
Citizens Financial Bank, Munster, Indiana (“Bank”) and the Comptroller of the Currency of the United States of America (“Comptroller”) wish to protect the interests of the depositors and other customers of the Bank, and, toward that end, wish the Bank to operate safely and soundly and in accordance with all applicable laws, rules and regulations. The Comptroller has found unsafe and unsound banking practices and violations of regulations relating to credit administration at the Bank. In consideration of the above premises, it is agreed, between the Bank, by and through its duly elected and acting Board of Directors (“Board”), and the Comptroller, through his authorized representative, that the Bank shall operate at all times in compliance with the articles of this Agreement.
