Bank Abruptly Shut Down by US Regulators in Second Bank Failure of 2024
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Financial regulators just shut down a bank in Oklahoma, marking the second US bank failure of 2024.
The First National Bank of Lindsay has been shuttered by the Office of the Comptroller of the Currency.
The agency says it took action after identifying false and deceptive bank records and other information that suggests fraud depleted the bank’s capital.
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