Remove FDIC Remove Fort Worth Remove Management Remove Operations
article thumbnail

A Whale of a Tale: Enloe State Bank

Jeff For Banks

ESB's President was a dominant official with significant control over bank operations and limited oversight by the Board of Directors (Board). When the TDB shut them down and the FDIC investigators came in, they had to occupy the church next door because of the smell from the fire. The FDIC issued this guidance in June 2011.

FDIC 78
article thumbnail

Bankers: Is your strategy the same as your competitor?

Jeff For Banks

The Bank also offers wealth management and trust services. We serve our local geographic market which is the Dallas - Fort Worth metropolitan area. The amount of deposits available to us while maintaining full FDIC insurance protection for our trust customers has consistently exceeded $30 million for the last three years.

Strategy 101