FDIC halts efforts to sell failed Silverton Bank; ‘bridge bank’ shut down

WASHINGTON — Federal regulators have abandoned efforts to sell failed Silverton Bank in Georgia to investors and are shutting the temporary “bridge bank” they set up to replace it last month.

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"A man's ethical behavior should be based effectually on sympathy, education, and social ties; no religious basis is necessary. Man would indeeded be in a poor way if he had to be restrained by fear of punishment and hope of reward after death." - Albert Einstein

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FDIC halts efforts to sell failed Silverton Bank; ‘bridge bank’ shut down

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