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re: First NBC Bank selling 9 branches to Whitney

Posted on 4/28/17 at 5:04 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37161 posts
Posted on 4/28/17 at 5:04 pm to
quote:

I heard #3 is a real possibility


OK so it was LOFI and not FDIC.

Posted by Socrates Johnson
Madisonville
Member since Apr 2012
2118 posts
Posted on 4/28/17 at 5:08 pm to
That's how it works. FDIC takes receivership after primary regulator revokes charter.
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