Major bank abruptly closes all locations leaving customers trying to locate their money Ben Shimkus A BANK has failed, forcing federal regulators to grapple with the fourth Federal Deposit Insurance Corporation (FDIC) takeover this year. The small, Kansas-based Heartland Tri-State Bank failed in late July following three mid-sized bank failures beginning in March. Heartland Tri-State Bank collapsed in late JulyCredit: Google Heartland is the first bank to fail since First Republic in early May. First Republic was the second-largest bank collapse in American history, sending shock waves through the financial sector. Banks with FDIC membership – like Heartland and First…
Comments