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Mutual of Omaha Bank Announces Termination of Loss Share AgreementsMonday, March 6, 2017
Congratulations Mutual of Omaha Bank!
Congratulations to Mutual of Omaha Bank (Mutual) of Omaha, Nebraska for successfully terminating their FDIC loss share agreements on their failed bank receivership: Marco Community Bank.
The agreement was reached on January 30 and in the first quarter of 2017, the termination agreement will eliminate from the company’s books the true-up liability and other related receivables for the terminated loss-sharing agreement.
DD&F served as an advisor to Mutual in successfully terminating their shared loss agreements with the FDIC and would like to congratulate all of the Mutual team. We wish you continued success!Back to News and Events