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Latest American Sterling Bank Stories

2009-04-18 08:11:11

Banks in Missouri and Nevada have been closed by regulators, marking the 24th and 25th U.S. banks to fail so far in 2009, officials said. The Federal Deposit Insurance Corp. Friday closed American Sterling Bank of Sugar Creek, Mo., CNN reported, while Nevada banking officials announced they had declared Great Basin Bank of Elko, Nev., insolvent and named the FDIC as receiver. Metcalf Bank of Lee's Summit, Mo., will assume the deposits of American Sterling Bank, which affects branches in...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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