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7/26/24, 4:24 PM FRB: Press Release -- Written Agreement with New Century Bank -- January 31, 2001 Release Date: January 31, 2001 For immediate release The Federal Reserve Board today announced the execution of a Written Agreement by and among the New Century Bank, Southfield, Michigan, the Federal Reserve Bank of Chicago, and the Office of Financial and Insurance Services, Lansing, Michigan. A copy of the Written Agreement is attached. Attachment (245 KB PDF) 2001 Enforcement actions Home | News and events Accessibility Last update: January 31, 2001 https://www.federalreserve.gov/boarddocs/press/enforcement/2001/20010131/default.htm 1/1