Umbrella Bank Fails
Posted by Bank Rater on 19 December, 2009
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This item was filled under [ News ]
The parent company of UmbrellaBank.com – New South Federal Savings Bank has failed. All deposits should be secured because Beal Bank has taken over the bank. Here is the excerpt from the FDIC press release: New South Federal Savings Bank, Irondale, Alabama, was closed today by the Office of Thrift Supervision, which appointed the Federal [...]
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