Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Judge sentences insider of failed MO bank, orders $5 million in restitution
A key insider in the now-defunct Excel Bank (Sedalia, Mo.) was sentenced to 68 months in federal prison and ordered to pay more than $5 million in restitution Tuesday for his actions, the Federal Deposit […]