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The state and the FDIC’s investigation into Citizens Union Bank’s lending practices seemed appropriate and mindful of the bank’s customers.
If you have invested your money in one of the most stalwart institutions in our community, you want to know that it is being protected with every ounce of regulation that can be mustered. You appreciate the vigilance.
The bank’s CEO, Billie Wade, and its president, David Bowling, were candid in their responses to the inquiry, though they kept private the inner workings of problem loans.
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