Saturday, August 15, 2009

Lowder's Bank Failure The Largest Of 2009

Top Auburn booster Bobby Lowder's Colonial Bank has become the largest to fail this year and has been seized by regulators. It is the 6th largest to fail in the United States' history. $22 Billion in deposits were subsequently sold by the FDIC to BB&T.

1 comment:

  1. Lowder retired a month ago, it wasnt his bank anymore. I am pretty sure that snake sold all of his shares a long time ago.