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Time is running short for Waterfield Bank (access required)

Posted: 7:13 pm Thu, February 18, 2010
By Danielle Ulman

Germantown-based Waterfield Bank could face failure if it cannot find a merger partner or sell its assets. On Feb. 3, the Office of Thrift Supervision gave the bank two weeks to merge or sell after it determined that Waterfield could not come up with a good plan to recapitalize. OTS was delayed in posting ...

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