Thu, Sep 18, 2014, 8:28 AM EDT - U.S. Markets open in 1 hr 2 mins

Recent

% | $
Quotes you view appear here for quick access.

TierOne Corp. Message Board

  • lojeti lojeti Apr 30, 2010 6:20 PM Flag

    Correction bank not taken over by fdic

    New only state that Deadline day arrived Friday for Lincoln-based TierOne Bank to find an investor, buyer or merger partner.

    Last month, federal regulators rejected TierOne's plan to improve its balance sheet. They ordered the bank to have an agreement to improve its capital position by the end of April and that the bank must receive an infusion of funds by the end of May, unless regulators extend the deadlines.

    TierOne spokesman Ed Swotek said Friday morning that the bank had nothing to announce yet.

    TierOne Corp. has been under scrutiny from the federal Office of Thrift Supervision since early 2009 after the bank reported four straight quarters of losses because of nonperforming loans.

    TierOne is a federally chartered savings bank that holds about $2.9 billion in assets.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.