Sunday, March 07, 2010
03:36 PM Texas Time
No Buyers for 2 of 4 Failed Banks
Recent financial institution failures
Last week, four federally insured banks and thrifts failed.
Each institution was handed over to the Federal Deposit Insurance Corporation as receiver.
No buyer could be found for Waterfield Bank, which was closed by the Office of Thrift Supervision.
In addition, no buyer was found for Centennial Bank, which was closed by the Utah Department of Financial Institutions.
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