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Stock impact report

Failed bank in Lindsay reopens as First Bank & Trust Co. [Yahoo! Finance]

Heartland Financial USA, Inc. (HTLF) 
Last heartland financial usa, inc. earnings: 4/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: htlf.com
Company Research Source: Yahoo! Finance
The First National Bank of Lindsay was shut down by federal regulators on Friday Monday morning it reopened as First Bank & Trust Co., which is based out of Duncan. The bank was filled with customers coming in to check the status of their accounts. “What should I do? Should I move my money or I don't know?,” said Wanda Moore, Lindsay resident. Residents came to find out if there account was insured it automatically transferred over. “They said everything's good, that we don't need to do anything, our debit cards are the same and there might be some transitions later, but for now we're good to go,” said Carlie Robertson, Lindsay resident. The Office of the Comptroller of the currency (OCC) shut down the First National Bank of Lindsay. Investigators found ‘false and deceptive records', the bank was in an ‘unsafe and unsound condition to transact business' and that the assets were ‘less than its obligations to creditors and others.' This failure marks the second in the nat Show less Read more
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