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FDIC Orders Bank To Raise Capital

Saturday, July 30, 2011 - 9:20 AMCitizens Bank of Northern California - Details
from Sacramento Business Journal
The FDIC issued a "prompt corrective action directive" to Citizens Bank of Northern California for being undercapitalized.

The order calls for the bank to find a buyer for the bank and/or sell shares to raise capital.

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WhataBummerWhataBummer413 posts since
Oct 15, 2010
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