Florida bank founded in 1927 goes bust

Florida bank founded in 1927 goes bust

There are 3 comments on the Seoul News.Net story from Jul 17, 2010, titled Florida bank founded in 1927 goes bust. In it, Seoul News.Net reports that:

Olde Cypress Community Bank, of Clewiston, Florida, was closed down on Friday by the Office of Thrift Supervision, which appointed the Federal Deposit Insurance Corporation as receiver.

Join the discussion below, or Read more at Seoul News.Net.

Fred Sikes

Clearwater, FL

#1 Jul 18, 2010
I'm turning over in my grave!!!!!!!!!!
Ray

Mountain Home, AR

#3 Jul 22, 2010
Fred Sikes wrote:
I'm turning over in my grave!!!!!!!!!!
That money doesn't just walk off and make a bank fold. If all banks held people to a loan standard equal to all no bank would fail.

Since: May 08

Tallahassee, FL

#4 Aug 5, 2010
Ray wrote:
<quoted text>
That money doesn't just walk off and make a bank fold. If all banks held people to a loan standard equal to all no bank would fail.
Great response!

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