TITLE

Fentura Financial Unit Sheds Consent Order

AUTHOR(S)
Cumming, Chris
PUB. DATE
March 2013
SOURCE
American Banker;3/27/2013, Vol. 178 Issue 47, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports a December 2009 regulatory order against State bank, a unit of Fentura Financial in Fenton, Michigan, has been terminated as of March 27, 2013 by the Federal Deposit Insurance Corp. and the State of Michigan's Office of Financial and Insurance Regulation. The article notes the bank's Tier 1 capital ratio and a total risk-based capital ratio on Dec. 31, 2012. It also notes Fentura's fourth-quarter 2012 profit.
ACCESSION #
86435659

 

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