trending Market Intelligence /marketintelligence/en/news-insights/trending/O_jaOA35g6nZmcQIY_nxgQ2 content esgSubNav
In This List

Community Bank of the Chesapeake terminates Fed membership

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Community Bank of the Chesapeake terminates Fed membership

According to Waldorf, Md.-based Community Financial Corp.'s 10-Q filing, terminatedits membership in the Federal Reserve System by canceling its stock in the FederalReserve Bank of Richmond on April 18. Moving forward, the bank's primary regulatorwill be the FDIC. Community Bank of the Chesapeake is also subject to oversightfrom the Maryland Commissioner of Financial Regulation.