Academy Bank’s owner to sell major part of other bank to boost resources

July 10th, 2010 | Posted under Loans.

Academy Bank’s owner to sell major part of other bank to boost resources
The troubled holding company that owns Academy Bank has agreed to sell a major part of its largest bank in a deal it says will put the company in a better financial position to recover from mounting problems with real estate lending portfolios at its…
Read more on Colorado Springs Gazette

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