The Actual Death of a Bank
I’m both relieved and a little sad to say that on Friday, June 26 at 6pm, Neighborhood Community Bank finally was seized by regulators.
For the FDIC’s story on the closing, check out this link: http://www.fdic.gov/news/news/press/2009/pr09102.html
I’m taking notes and talking to a lot of people in an effort to give everyone an inside play-by-play of what happens from the perspective of an employee.
Stay tuned!