FEDERAL DEPOSIT INSURANCE CORPORATION WASHINGTON, D.C.Stipulation and Consent Agreement • April 30th, 2009 • Appalachian Bancshares Inc • 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, a representative of the Georgia Department of Banking and Finance (the “Department”) and Appalachian Community Bank, Ellijay, Georgia (“Bank”), through its board of directors, as follows.
