Virginia Bank Company Agrees To Submit Oversight Plan To Fed

Date : 04/26/2011 @ 11:30AM
Source : Dow Jones News

Virginia Bank Company Agrees To Submit Oversight Plan To Fed

Community Bankers Trust Corp.. (AMEX:BTC)
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A Virginia bank holding company has agreed to submit a plan to strengthen oversight, the Federal Reserve said.

The Fed on Tuesday announced its agreement with Community Bankers Trust Corp. (BTC).

The Glen Allen company's subsidiary is Essex Bank, located in Tappahannock.

The company's plan must consider steps the bank will take to improve its condition, the Fed said.

-By Jeff Bater, Dow Jones Newswires; 202 862 9249; jeff.bater@dowjones.com

 
 

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