Anchor BanCorp Wisconsin, Inc. ABCW announced today that the Bank has received conditional approval of its capital restoration plan from its primary federal regulator, the Office of Thrift Supervision (OTS).
In conjunction with this approval, the Board of Directors has executed a Stipulation and Consent to a Prompt Corrective Action Directive (PCA Directive) with the OTS. The PCA Directive will become effective upon the acceptance of the Consent by the OTS and issuance of the PCA Directive.
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