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Security Bank Corporation Announces First Quarter 2009 Financial Results And Banks Enter Agreements With Fdic And State

By TechAgreements

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Security Bank Corporation also announced today that five of its six banking subsidiaries have entered into Cease and Desist Orders with the Federal Deposit Insurance Corporation (FDIC) and with the State of Georgia Department of Banking and Finance. The orders set forth requirements for the banks to take actions to address capital levels and lending policies, and place restrictions on dividends...

Full post as published by TechAgreements on April 24, 2009 (boomark / email).

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Security Bank Corp., Based in Macon, Georgia, Is Shut Down By Regulators

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