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Articles Tagged With ‘Office of Thrift Supervision’




Federal regulators seize San Luis Trust Bank

Written on 18 Feb, 2011 in Uncovered SLO | 26 comments

Federal regulators shut down San Luis Trust Bank (SLTB) in San Luis Obispo Friday because the bank was critically undercapitalized, according to the Federal Deposit Insurance Corp. (FDIC). At 5:55p.m. Friday, just five minutes before the bank was scheduled to close... (Continue reading)

San Luis Trust Bank facing threat of seizure

Written on 14 Feb, 2011 in Uncovered SLO | 20 comments

San Luis Trust Bank (SLTB) may soon be added to the FDIC’s list of failed banks unless it pulls itself out of a “critically undercapitalized” state, according to federal regulators. The bank’s regulator, the Federal Office of Thrift Supervision (OTS), says... (Continue reading)