Virginia Bank Company Agrees To Submit Oversight Plan To Fed
April 26 2011 - 11:30AM
Dow Jones News
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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