The Federal Reserve Board has ended a written agreement with Boscobel Bancorp that required the Wisconsin company to serve as a source of strength for its Community First Bank.

The December 2010 agreement with the $217 million-asset Boscobel and Community First required the bank to submit a plan to strengthen board oversight of its management and operations and provide a plan to strengthen credit risk management practices.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.