Riverside Bank – TD Bank acquires three area failed banks

Category Featured, Finance | Saturday, April 17th, 2010

Historic City News business reporters learned today of three local area bank failures according to announcements received from the Federal Deposit Insurance Corporation and the assumptor, TD Bank.

In the assumption agreement, certain assets and liabilities of Riverside National Bank of Florida, First Federal Bank of North Florida and AmericanFirst Bank have been acquired from the Federal Deposit Insurance Corporation — effective immediately.

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