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Archive Home > 2009 > July > 07 > Proposed Bend bank gets bad news from the FDIC

Proposed Bend bank gets bad news from the FDIC

‘Severe economic situation’ in local market cited as reason for denial

By Andrew Moore / The Bulletin
July 7, 2009

Bend-based Crown Point National Bank, whose organizers have been working for more than a year to win regulatory approval, won’t get a chance to open its doors after failing to win backing from the Federal Deposit Insurance Corp., according to Andrew Gerlicher, president and CEO of the....

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