Tuesday, August 30, 2016

Did the FDIC let former FNB Directors skate off for $1,500,000???

Image result for image of cartoon skating off into sunset

After losing approximately $650 million dollars and being shut down almost three years ago by the FDIC, it appears the former Directors of First National Bank Edinburg are skating away with having to fork over a mere $1.5 million as a "Settlement and Release Agreement"  was executed in July.  

Looks like the only problem now is a stomach ache the directors might have from laughing so hard!