Friday, April 29, 2016

Tennessee's Trust Company Bank becomes second bank failure of 2016

The Tennessee Department of Financial Institutions closed Memphis-based Trust Company Bank on Friday, and appointed the Federal Deposit Insurance Corporation as receiver. Trust Company Bank becomes the second FDIC-insured bank to close in 2016, and the first in the state since 2013. http://www.housingwire.com/articles/36937-tennessees-trust-company-bank-becomes-second-bank-failure-of-2016 ❤️ #share #mortgage



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