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re: First NBC Bank selling 9 branches to Whitney

Posted on 4/28/17 at 5:08 pm to
Posted by Socrates Johnson
Madisonville
Member since Apr 2012
2137 posts
Posted on 4/28/17 at 5:08 pm to
That's how it works. FDIC takes receivership after primary regulator revokes charter.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37320 posts
Posted on 4/28/17 at 5:42 pm to
quote:

That's how it works. FDIC takes receivership after primary regulator revokes charter.


I thought FDIC could step in directly if it's a multi-state bank?
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