» Federal regulators close Waterfield Bank

Federal regulators close Waterfield Bank

Posted: 6:58 pm Fri, March 5, 2010
By Danielle Ulman

Federal regulators shut down Waterfield Bank Friday evening, the third bank to fail in Maryland since 2009. The Federal Deposit Insurance Corp. took over as receiver after the Germantown-based bank could not find a merger partner or liquidate its assets. The Office of Thrift Supervision has set up a new institution, Waterfield Bank FA, to ...

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