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Regulators Close Three More Banks HW+

Feb 02, 2009By

Late Friday, three banks closed in quick succession, with the Federal Deposit Insurance Corp. named receiver. The Office of Thrift Supervision closed Crofton, Md.-based Suburban Federal Savings Bank. Its deposit accounts transferred to Tappahannock, Va.-based Bank of Essex. The Office of the Comptroller of the Currency closed Florida-based Ocala National Bank, the non-brokered deposit accounts of which transferred to Winter Haven, Fla.-based CenterState Bank of Florida.

3d rendering of a row of luxury townhouses along a street

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