NetBank
NetBank, Alpharetta, Georgia, with approximately $2.5 billion in assets and $2.3 billion in total deposits was closed. ING Bank, fsb (ING DIRECT) has agreed to assume $1.5 billion of the failed bank’s insured non-brokered deposits. (PR-81-2007)
September 28, 2007 | Posted in On The Front Lines | Register To Read The Full Story »