Insiders Reap Huge Profits On Purchase Of Failed South Carolina Bank

Myrtle Beach Bank Failure Results In Fast Profits For Insiders South Carolina saw its first banking failure since 1999 as regulators closed the failed Beach First National Bank of  Myrtle Beach.  The failed bank had total assets of $585.1 million and total deposits of $516.0  million.  The cost to the FDIC Deposit Insurance Fund (DIF) […]