Putnam State Bank, Palatka, FL, Closed By Regulators

Putnam State Bank, Palatka, FL, established in December 1988, was closed today by the Florida Office of Financial Regulation.  The FDIC, appointed as receiver for the failed bank, was able to sell Putnam State Bank to Harbor Community Bank, Indiantown, FL. During the height of the real estate mania and lending boom, few states saw […]