Story here in the Lansing State Journal.
Evidently the closure of the 13th bank to fail in 2013 in Scottsdale, Arizona was concluded on a Tuesday for prudential reasons related to the immediately previous two Capitol Bancorp-related closures last week.
Bank failures have normally occurred on Friday nights.
I wouldn't be surprised if there's more bad news to come about Capitol Bancorp LTD.
Evidently the closure of the 13th bank to fail in 2013 in Scottsdale, Arizona was concluded on a Tuesday for prudential reasons related to the immediately previous two Capitol Bancorp-related closures last week.
Bank failures have normally occurred on Friday nights.
I wouldn't be surprised if there's more bad news to come about Capitol Bancorp LTD.
