Does the Statement of Policy apply to recapitalizations of existing banks? Would it apply if the recapitalized institution acquired a failed insured institution?
A:
Recapitalizations of existing institutions are not subject to the Statement of Policy. Where new Investors have recently recapitalized an institution and the institution seeks to acquire a failing bank,...
SponsoredKeep large-dollar deposit relationships where they belong—at your bank. Offer your customers the safety and ease of IntraFi's deposit services
Site visitors: Over 100K in the past month
FDIC Insured · Transparent reporting · Secure large deposits
Save
Share
More
