Memorandum of Understanding (An Informal Enforcement Action)West Bancorporation Inc • April 29th, 2010 • State commercial banks
This Memorandum represents an agreement between the Board of Directors (Board) of West Bank, West Des Moines, Iowa (Bank), the Iowa Division of Banking (IDOB) and the Federal Deposit Insurance Corporation’s (FDIC) Kansas City Regional Office (Supervisory Authorities). The Memorandum is designed to address concerns identified in the January 25, 2010 Report of Examination (Report) issued by the IDOB.
