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Re: ihogan post# 5

Wednesday, 07/27/2011 11:09:50 AM

Wednesday, July 27, 2011 11:09:50 AM

Post# of 78
Iberia took over those assets :

On Friday, August 21, 2009, CapitalSouth Bank, Birmingham, AL was closed by the Alabama State Banking Department, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.

All deposit accounts, excluding certain brokered deposits, have been transferred to IBERIABANK, Lafayette, LA ("assuming institution") and will be available immediately. On Monday, August 24, 2009, the former CapitalSouth Bank locations will reopen as branches of IBERIABANK.

It deregistered, yet shows up as otcqb?...confused?yes.

I have no idea. Just saw it pop up, very confused in the short term here.

I show two different companies though:


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