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Unofficial Problem Bank List Increases To 920 Institutions [CR]

Sunday, December 5, 2010 - 7:14 AM
From Calculated Risk Blog:
It was a very quiet week for the Unofficial Problem Bank List. There were two additions and one removal because of duplication.

One interesting change to note is the termination of a Prompt Corrective Action order by the OTS issued against Aurora Bank FSB. Aurora Bank used to be Lehman Brothers Bank. The name was changed in 2009. The parent, Lehman Brothers, filed for bankruptcy at the height of the 2008 financial crisis. Aurora Bank offers deposit products online including some competitive CDs.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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