TITLE

Fed Tells Old Southern to Find a Buyer

PUB. DATE
January 2010
SOURCE
American Banker;1/15/2010, Vol. 175 Issue F302, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the U.S. Federal Reserve's January 2010 decision to order Old Southern Bank of Orlando, Florida to find a buyer or increase its equity by February of 2010. In the order, which was dated January 13, 2009, the reserve indicated that it felt that the bank was critically undercapitalized.
ACCESSION #
47533969

 

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