Failed bank

The Federal Deposit Insurance Corporation on Monday will begin sending checks to insured deposit holders of Lakeside Community Bank in Sterling Heights. The financial institution was closed Friday after state regulators seized the bank, which reportedly fell victim to bad loans. It’s the first bank in Michigan to fail this year, and one of eight across the nation to be closed Friday. State regulators say no depositors will lose money.

Recent comments

This is really sad. I know this family...

Mon, Jul 08, 2013 by Anonymous

hah he got what was coming to him...bad part...

Thu, May 16, 2013 by you call yourse...

The taxpayers dollars at work! The lead...

Sat, May 11, 2013 by Matthew Pratt