Info
woodlands300.jpg Submitted by WWAY on Fri, 08/07/2009 - 3:42pm.

Another bank with local ties is under scrutiny by federal regulators. Woodlands Bank has branches in Wilmington and Southport. The bank is based in Bluffton, South Carolina. A spokesperson confirms the bank has been issued a cease and desist order, mandating the bank change the way it operates. Among other things, Woodlands Bank has to come up with a new business plan, and increase capital by the end of the year. The company is "absolutely confident" this will happen. Customers should not see any changes.

Full Story »
The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
CAPTCHA
Please re-enter the code shown in the image below.

Reply