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Nebraska bank is first failure of 2020

American Banker

Ericson State Bank, which had been in regulators’ sights for a decade, was closed by state and federal authorities Friday. Another bank acquired all of its deposits and a fraction of its assets.

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Jail Time for Former CEO of Failed Nebraska Bank

American Banker

The former chief executive of a failed bank in Lincoln, Neb., was sentenced to 11 years in prison for forming a scheme to hide more than $100 million in losses from shareholders and regulators.

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Former NCUA Chairman Matz Joins Bank Board

American Banker

Debbie Matz, a former chairman of the National Credit Union Administration, has joined the board of Mutual of Omaha Bank in Nebraska.

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