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The First National Bank of Lindsay closed

jfarris20

A rare bank closure in the state after The First National Bank of Lindsay closed its doors on Friday. Under the direction of the FDIC protecting depositors, officials expect to re-open the bank as The First Bank and Trust Company of Duncan. The FDIC says there is a purchase agreement on the table with uninsured depositors having 50 percent of access funds available beginning today. Customers with accounts that are in excess of $250,000 should contact the FDIC and set up an appointment discussing their deposits.

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