Illinois Bank Agrees With Fed Not To Pay Dividends
30 Junio 2009 - 9:34AM
Noticias Dow Jones
An Illinois bank has agreed with the Federal Reserve not to pay
dividends without approval.
The Fed on Tuesday released an agreement with Amcore Financial
Inc., of Rockford. Amcore owns Amcore Bank.
Amcore also agreed not to incur any debt without Fed
approval.
-By Jeff Bater, Dow Jones Newswires; 202-862-9249;
jeff.bater@dowjones.com