ShoreBank, the South Side lender that carved out a national reputation by successfully lending in low-income urban neighborhoods for three decades, was seized by regulators Friday after an extraordinary rescue effort featuring the nation’s largest financial firms fell short.
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Saturday, August 21, 2010
ShoreBank fails; will be reincarnated as Urban Partnership Bank | Finance | Crain's Chicago Business
ShoreBank fails; will be reincarnated as Urban Partnership Bank | Finance | Crain's Chicago Business
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