First Coastal Corp., the parent of Coastal Bank, has proposed a plan to federal

Authors

Source

Portland Press Herald

Date

7-30-1993

Pages

1C, 3C

Abstract

First Coastal Corp., the parent of Coastal Bank, has proposed a plan to federal regulators aimed at paying part of the bailout costs for Suffield Bank, another First Coastal holding. Suffield collapsed in September 1991, and First Coastal must satisfy the Federal Deposit Insurance Corp. or risk having Coastal Bank seized. Details.

Subjects

Banks and banking, First Coastal Corp

Recommended Citation

"First Coastal Corp., the parent of Coastal Bank, has proposed a plan to federal" (1993). Maine News Index – Portland Press Herald. 8257.
https://digitalcommons.portlandlibrary.com/news_pph/8257