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Waterfield becomes 6th state bank to come under scrutiny (access required)

Posted: 7:55 pm Wed, October 7, 2009
By Ben Mook

Waterfield Bank has become the sixth bank in Maryland to fall under federal scrutiny in 2009, an indicator that regulators are paying closer attention to how much money financial institutions have to cover their losses. The bank, with one branch in Germantown, received an Oct. 1 cease and desist order from its regulator, the Office of ...

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