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Who is buying superior banks in Florida and Alabama?

Updated: 8/19/2019
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13y ago

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Though Superior Bancorp has not done well in the last 5-7 years, and they are operating under a consent agreement with the Office of Thrift Supervision, there is no news of anyone buying them. It is possible the OTS is brokering such a deal, which may not be public knowledge yet. Recent news cites a $10MM lawsuit against the thrift for allegedly lying to an investor about the institution's health and loan portfolio.

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