National Bank of Cambridge in Cambridge, Md., has been freed from a formal agreement with the Office of the Comptroller of the Currency.

The April 2010 agreement required the $190 million-asset bank to address weaknesses tied to board and management oversight, credit risk and loan portfolio administration. The bank was also required to improve 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.