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Copper Star Bank, Scottsdale, AZ, Closed By Regulators

November 12, 2010 By Bill Zielinski Leave a Comment

November 12, 2010 – Copper Star Bank, Scottsdale, Arizona, was closed today by the Superintendent of the Arizona Department of Financial Institutions, which appointed the FDIC as receiver. The FDIC entered into a purchase and assumption agreement with Stearn Bank, N.A., St. Cloud, Minnesota, to assume all deposits and purchase all of the failed bank’s […]

Filed Under: Bank Failure, Banking News, Failed Banks, problem banks Tagged With: Copper Star Bank fails, Stearns Bank buys another failed bank

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