UNITED STATES OF AMERICA DEPARTMENT OF THE TREASURY OFFICE OF THE COMPTROLLER OF THE CURRENCY TERMINATION OF THE FORMAL AGREEMENT BY AND BETWEEN INDEPENDENCE NATIONAL BANK GREENVILLE, SOUTH CAROLINA AND THE COMPTROLLER OF THE CURRENCYTermination of the Formal Agreement • November 18th, 2011 • Independence Bancshares, Inc. • National commercial banks
WHEREAS, in an effort to protect the depositors, other customers and shareholders of Independence National Bank, Greenville, South Carolina (Bank), and to ensure the Bank’s safe and sound operation, the Bank and the Comptroller of the Currency of the United States of America (Comptroller), entered into a Formal Agreement, dated January 20, 2010; and
