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Fed frees Northpointe Bancshares from written agreement

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Fed frees Northpointe Bancshares from written agreement

The Federal Reserve Board on July 14 announced the terminationof a written agreement,dated Jan. 21, 2009, between Grand Rapids, Mich.-based Northpointe Bancshares Inc. and the Federal Reserve Bankof Chicago.

The enforcement action was terminated July 12.

Northpointe Bancshares is the parent of Northpointe Bank.