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Regulators Close Pinehurst Bank

May 21, 2010 By Bill Zielinski Leave a Comment

Today May 21, 2010, Pinehurst Bank of St. Paul Minnesota was closed by the Minnesota Department of Commerce, with the Federal Deposit Insurance Corporation appointed as receiver. All deposits of the bank were assumed by Coulee Bank of La Crosse, Wisconsin though a purchase and assumption agreement. Pinehurst Bank was formed in 2003 and opened […]

Filed Under: Failed Banks, FDIC Tagged With: Failed Banks, FDIC, pinehurst bank

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