First Tier - Nebraska bites the dust

[Just Don]

In the news today, Nebraska's 3rd largest bank is ordered to sell itself or get taken over by the oversee'ers by end of May.

It further said selling isnt likely cause it has been for sale since 2007,,,with no takers so far.

First Tier who was previously known as First Federal Lincoln. Article said alot of bad loans from Florida and Nevada brought them to their knees and crippled their financials

They of course said no one will lose a dime from all this,blah blah,,, all insured. And the rest of banking industry here is rock solid. okay!!!