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Citizens Bank, based in Sac City, Iowa, has been shuttered due to financial instability, marking the fifth US bank failure in 2023. The Iowa Division of Banking sanctioned the Federal
The Federal Deposit Insurance Corporation (FDIC) has shut down a bank in Iowa after regulators discovered “significant loan losses” on its balance sheet. The…
Trucking bloodbath expands to lenders as industry experiences one of the sharpest downturns in history. The post Iowa bank failure tied to bad trucking loans appeared first on FreightWaves.