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Thu.Apr 25, 2024

fdic-community-bank

A Utah bank is gone after 16 years of losses. Why did it survive so long?

American Banker

APRIL 25, 2024

Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators. Experts criticized the FDIC for allowing the bank's demise to play out in slow motion.

Utah

Utah FDIC Regulation Community Bank

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