FDIC closes Hallock bank
HALLOCK -- United Valley Bank of Cavalier, N.D., has assumed all deposits of a Minnesota-based bank, the Federal Deposit Insurance Corp. said Friday in a press release.
The federal government on Friday closed Marshall Bank, National Association, which is based in Hallock. The three branches will reopen Monday as branches of United Valley Bank, and customers' deposits will automatically switch over and continue to be covered by deposit insurance.
Are you a newspaper subscriber but you don't have a Digital Access account yet? You can activate your account here: Activate All Access.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at email@example.com and we can help you.