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7/25/24, 10:06 AM

FRB: Press Release -- Written Agreement with New Century Bancorp -- July 21, 2000

Release Date: June 21, 2000

For immediate release
The Federal Reserve Board today announced the execution of a Written Agreement by and
among New Century Bancorp, the New Century Bank, both of Southfield, Michigan, the
Federal Reserve Bank of Chicago, and the Michigan Office of Financial and Insurance
Services.
A copy of the Written Agreement is attached.
Attachment (488 KB PDF)
2000 Enforcement actions
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Last update: July 21, 2000

https://www.federalreserve.gov/boarddocs/press/enforcement/2000/20000721/default.htm

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