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Feds Close Arkansas National Bank For "Unsafe And Unsound" Practices

BENTONVILLE, Ark. — Federal regulators says they've closed ANB Financial National Association banks after discovering "unsafe and unsound" business practices there.

David Barr, a spokesman for the Federal Deposit Insurance Corp. says many customers served by the bank's nine locations had accounts under $100,000, which will be fully insured by the government. Barr says customers can continue to… » Full Story on Huffington Post
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