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Original Content at https://www.opednews.com/Quicklink/Feds-Close-Arkansas-Nation-in-General_News-080510-581.html (Note: You can view every article as one long page if you sign up as an Advocate Member, or higher). |
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May 10, 2008
Feds Close Arkansas National Bank For "Unsafe And Unsound" Practices
By Amanda Lang
Federal regulators says they've closed ANB Financial National Association banks after discovering "unsafe and unsound" business practices there. David Barr, a spokesman for the Federal Deposit Insurance Corp. says many customers served by the bank's nine locations had accounts under $100,000, which will be fully insured by the government.
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Federal regulators says they've closed ANB Financial National Association banks after discovering "unsafe and unsound" business practices there. David Barr, a spokesman for the Federal Deposit Insurance Corp. says many customers served by the bank's nine locations had accounts under $100,000, which will be fully insured by the government.OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.