US regulators close small lender in South Carolina

Published April 25, 2014 10:11pm ET



WASHINGTON (AP) — Regulators have closed a small lender in South Carolina, marking the sixth U.S. bank failure of 2014 after 24 closures last year.

The Federal Deposit Insurance Corp. said Friday that it has taken Allendale County Bank, based in Fairfax, S.C.

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