Regulators order Century Bank to merge or sell

Source: Herald Tribune

Sarasota : FL : USA | about 1 month ago

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Federal regulators have ordered Century Bank to come up with a signed merger or sale deal by Sunday night, and to get it done by Nov. 11. The alternative -- unspoken but implicit in the Office of Thrift Supervision's "Prompt Corrective Action Directive" -- is for the government to take over the Sarasota-based...

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Regulators order Century Bank to merge or sell

News Source: Herald Tribune | 28 days ago

Federal regulators have ordered Century Bank to come up with a signed merger or sale deal by Sunday night, and to get it done by Nov. 11. The alternative -- unspoken but implicit in the Office of Thrift Supervision's "Prompt Corrective Action...
Regulators order Sarasota's Century Bank to merge or sell

News Source: Herald Tribune | 28 days ago

Tuesday, October 27, 2009 at 3:36 p.m. Federal regulators have ordered Sarasota�s Century Bank to merge with another bank or sell itself to another financial institution. The Office of Thrift Supervision issued an order on Oct. 22 that gave the...
Regulators tell Century Bank to sell or merge

News Source: Bradenton Herald | 28 days ago

Century Bank in Sarasota faces another enforcement order from The Office of Thrift Supervision, just two months after regulators issued a cease and desist order to the bank. The OTS is requiring Century Bank to merge with or be acquired by another...