Dead bank walking: Fed tells Barnes Banking Co, Kaysville, Utah to get more money or a buyer by Jan. 15 http://cli.gs/s110uT #BankFailFriday
The bank is "critically under-capitalized," the Fed says in its "prompt corrective action directive," so get some capital or find a buyer, and make it snappy. Oh, and don't hand out any big bonuses, either.
Comments [1]