Wed, Nov 25 2009
|
|
Published March 24, 2009 02:14 pm - Federal regulators have called for a Pittsburg bank to strengthen its oversight measures in a recent enforcement action. Feds take enforcement action against Pittsburg bank, shut down a Paola, Kan., bankFederal regulators have called for a Pittsburg bank to strengthen its oversight measures in a recent enforcement action.
The agreement between University National Bank, of Pittsburg, and the Office of the Comptroller of the Currency also called for the bank’s board of directors to: reduce the direct lending activity of the bank president and senior lending officer; authorize the bank president to hire additional lending staff; and to improve its underwriting standards for construction loans. The agreement was reached in January but publicly announced late last week. In a separate action, regulators late last week also shut down the ailing TeamBank National Association, which is based in Paola, Kan., and operates branches in Lamar, Nevada and Parsons, Kan. TeamBank’s deposits were assumed by Springfield-based Great Southern Bank, which reopened the branches Saturday. 
![comment on this story](http://community.cnhi.com/eve/ubb.x?a=dl&f=55410432
&x_id=local_story_083141419.html&x_subject=<img+src="+http://www.joplinglobeonline.com/images/zope/business.gif"+Border=0>++Feds+take+enforcement+action+against+Pittsburg+bank,+shut+down+a+Paola,+Kan.,+bank&x_link=http://www.joplinglobe.com/local/local_story_083141419.html)
•
Click to discuss this story with other readers on our forums.
More from the Local News section
|
Print this story
E-mail this story
Post to del.icio.us
Fire destroys Joplin tire business w/ fire slide show
 |
 |
: Special Offer For New Subscribers
:
 |
||||||||
|
||||||||
 |
|
|
Published by Newspaper Holding, Inc. 117 East Fourth Street, Joplin, MO 64801 Using our site is your agreement to the terms and conditions. News: news@joplinglobe.com • (417)623-3480 Advertise with the Joplin Globe Copyright © 2006 The Joplin Globe, Joplin, MO All rights reserved. 
|
Popular Business directory links - Joplin Apartments | Joplin Attorneys | Joplin Auto Dealers | Joplin Auto Parts | Joplin Auto Repair | Joplin Beauty Salons | Joplin Car Rental | Joplin Dentists | Joplin Doctors | Joplin Flowers | Joplin Hotels | Joplin Insurance | Joplin Loans | Joplin Mortgages | Joplin Movers | Joplin Pizza | Joplin Realtors | Joplin Restaurants | Joplin Storage | Joplin Tax Preparation | Joplin Travel | Joplin Featured | More...
|
|
Community Newspaper Holdings, Inc. • CNHI Classified Advertising Network • CNHI News Service |
![Add a comment on this story](http://www.joplinglobeonline.com/zope/add_comment.php?section_id=local&story_id=local_story_083141419.html&headline=<img src=" http://www.joplinglobeonline.com/images/zope/business.gif" Border=0> Feds take enforcement action against Pittsburg bank, shut down a Paola, Kan., bank&portal_url=http://www.joplinglobe.com&portal=joplinglobe){kind=link}