Posts Tagged ‘bank seizure’

Friday Failure

The feds┬áseized 1st Centennial Bank, a California bank, this afternoon. That’s three so far this year. Here are the details from the WSJ: The regulator said 1st Centennial Bank was closed Friday by the California Department of Financial Institutions. The department appointed the FDIC as receiver of the Redlands lender. The closing was the third […]