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ANB Financial N.A., a Bentonville, Ark.-based bank, has been closed by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. has been named receiver, the FDIC said late Friday.
The failure of ANB Financial marks the third bank failure of the year, following the closure of Hume, Mo.-based Hume Bank in early March.
The FDIC said in a statement that while ANB Financial's failure is the third FDIC-insured institution to be closed so far in 2008, there were a total of three such closures last year.
ANB Financial closure marks third bank failure of the year - MarketWatch
The failure of ANB Financial marks the third bank failure of the year, following the closure of Hume, Mo.-based Hume Bank in early March.
The FDIC said in a statement that while ANB Financial's failure is the third FDIC-insured institution to be closed so far in 2008, there were a total of three such closures last year.
ANB Financial closure marks third bank failure of the year - MarketWatch