Fed: BankFirst must raise more capital or find new owner

Full story: TwinCities.com

A South Dakota bank owned by a Minneapolis group is significantly undercapitalized and must raise new funds, sell off its deposits or find a new owner, the Federal Reserve said today.

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greed

Minneapolis, MN

looks like this bank is going down......a result of greed. unfortunate

rsw

Orlando, FL

Judged:

Ms Sprenger: The real story is not what is happening to Bankfirts. It is what Bankfirst has been doing the last three years, and the regulators have allowed them to do. Bankfirst is being sued in courts all across the country for impropriaties. Who is minding the store at tax payers expense?

Anti Cappy virus

Minneapolis, MN

Judged:

Any bank with connections to Dennis Mathisen and Irwin Jacobs is a bank set up by organized crime.

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