The Federal Deposit Insurance Corp. on Tuesday said that Coastal Savings Bank mu
Date
12-22-1993
Pages
8B
Abstract
The Federal Deposit Insurance Corp. on Tuesday said that Coastal Savings Bank must give the agency a 95 percent ownership interest in the bank to cover the cost of bailing out the Suffield Bank of Suffield, Conn., which was owned by the same parent company as Coastal. The proposal means the FDIC has apparently rejected at least four bids for Coastal. Details.
Subjects
Banks and banking, Coastal Savings Bank Portland
Recommended Citation
"The Federal Deposit Insurance Corp. on Tuesday said that Coastal Savings Bank mu" (1993). Maine News Index – Portland Press Herald. 10638.
https://digitalcommons.portlandlibrary.com/news_pph/10638
Source
Portland Press Herald