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Read More »FDIC sells majority of failed Signature Bank.
FDIC Sells Signature Bank’s Deposits to Flagstar Bank New York(CNN) The Federal Deposit Insurance Corporation (FDIC) announced it has sold most of Signature Bank’s deposits to Flagstar Bank, a subsidiary of New York Community Bank, following Signature Bank’s failure. Effective Monday, all 40 of Signature Bank’s branches will begin operating as Flagstar Bank. Customers of Signature Bank will not need …
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