The First National Bank of Davis, Oklahoma, was to reopen under normal business hours beginning Saturday, March 12, as a branch of The Pauls Valley National Bank. Legacy Bank, Milwaukee, Wisconsin, was closed by the Wisconsin Department of Financial Institutions, which appointed the FDIC as receiver. The FDIC estimates that the cost to the Deposit Insurance Fund will be $26.5 million. Depositors of Legacy Bank will automatically become depositors of Seaway Bank and Trust Company.”]
Source: https://www.cuinfosecurity.com/2-banks-closed-on-march-11-a-3424