"The depositors of Heartland Tri-State Bank can now access their money by wiring checks or using ATM or debit cards. Checks drawn on the bank will continue to be processed as normal, and loan customers are expected to continue making their payments as usual." Seems like it was acquired and not collapsed. I wonder if there were any depositors over $250K that will actually lose money?
"The depositors of Heartland Tri-State Bank can now access their money by wiring checks or using ATM or debit cards. Checks drawn on the bank will continue to be processed as normal, and loan customers are expected to continue making their payments as usual." Seems like it was acquired and not collapsed. I wonder if there were any depositors over $250K that will actually lose money?
(post is archived)