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Local bank reports loss, problem real estate loans - Read More

Date Added: April 21, 2008 10:39:01 PM
A Jonesboro-based bank company with two locations in Fayetteville is reporting a half-million-dollar loss for the first three months of this year and expects losses to continue, mostly because of delinquent real estate loans, representing about 6 percent of its outstanding loans. CCF Holding Company, the holding company for Heritage Bank, reported last week a net loss of $505,334, or $0.14 ...

Category: Real Estate » Property Management


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