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4 Banks, 1 Credit Union Fail Feb. 18

The National Credit Union Administration assumed control of operations at Greensburg Community Federal Credit Union of Greensburg, Pennsylvania, on Feb. 17. Charter Oak Bank, Napa, California, was closed by the California Department of Financial Institutions, which appointed the FDIC as receiver. San Luis Trust Bank, FSB, San Luis Obispo, California was closed. Bank of Marin will reopen on Tuesday as branches of Bank of Maracana and Bank of Effingham, Springfield, Georgia.”]

Source: https://www.inforisktoday.com/4-banks-1-credit-union-fail-feb-18-a-3368

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