News tagged with “inadequate capital”. Found:
1 tagged news report.

Wash. state closes bank in Clark County

Vancouver :: WA :: USA | 10 months ago

Credibility

The Washington state Department of Financial Institutions has closed the Vancouver-based Bank of Clark County because of inadequate capital and liquidity...The Federal Deposit Insurance Corp. became the bank's receiver. The bank will reopen on Tuesday...

Tags: Bank of Clark County, deposit insured, Federal Deposit Insurance Corp., insured corp, Washington Mutual, umpqua banks, inadequate capital, Umpqua Bank, regulators close, based banks