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	<title>Compare Your Rates &#187; take-corrective</title>
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		<title>Bank of Elmwood faces federal deadline</title>
		<link>http://www.compareyourrates.com/insurance-news/bank-of-elmwood-faces-federal-deadline/</link>
		<comments>http://www.compareyourrates.com/insurance-news/bank-of-elmwood-faces-federal-deadline/#comments</comments>
		<pubDate>Thu, 23 Jul 2009 21:14:16 +0000</pubDate>
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				<category><![CDATA[Insurance News]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[federal]]></category>
		<category><![CDATA[federal-reserve]]></category>
		<category><![CDATA[merging-the-bank]]></category>
		<category><![CDATA[racine]]></category>
		<category><![CDATA[take-corrective]]></category>

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		<description><![CDATA[The Bank of Elmwood in Racine has failed to submit “an acceptable capital restoration plan” to the Federal Reserve System and now faces an Aug. 29 deadline to take corrective actions, including raising more capital or selling or merging the bank. <p>Post from: <a href="http://www.compareyourrates.com">Compare Rates</a><br/><br/><a href="http://www.compareyourrates.com/insurance-news/bank-of-elmwood-faces-federal-deadline/">Bank of Elmwood faces federal deadline</a></p>
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			<content:encoded><![CDATA[<p>The Bank of Elmwood in Racine has failed to submit “an acceptable capital restoration plan” to the Federal Reserve System and now faces an Aug. 29 deadline to take corrective actions, including raising more capital or selling or merging the bank. </p>
<p><img src="http://www.compareyourrates.com/wp-content/uploads/2009/07/flag11.gif" title="Bank of Elmwood faces federal deadline" alt="flag11 Bank of Elmwood faces federal deadline" /></p>
<p>Read the original:<br />
<a target="_blank" href="http://feeds.bizjournals.com/~r/industry_19/~3/QxcnTFahSGc/daily61.html" title="Bank of Elmwood faces federal deadline">Bank of Elmwood faces federal deadline</a></p>
<p>Post from: <a href="http://www.compareyourrates.com">Compare Rates</a><br/><br/><a href="http://www.compareyourrates.com/insurance-news/bank-of-elmwood-faces-federal-deadline/">Bank of Elmwood faces federal deadline</a></p>
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