Bank Suddenly Shut Down by US Regulators in Second Bank Failure of 2025

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The Federal Deposit Insurance Corporation (FDIC) just announced the second bank failure of 2025. Regulators say The Santa Anna National Bank has been shut down – and foul play at the small Texas lender is suspected. The FDIC has not disclosed the nature of the suspected fraud, and the agency is not sure whether customers with uninsured deposits will be reimbursed. “Once further information is available, the FDIC will consider whether to provide uninsured depositors an advance dividend (i.e. acce...