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FUSB First US Bancshares Inc

10.40
0.00 (0.00%)
After Hours
Last Updated: 21:30:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
First US Bancshares Inc NASDAQ:FUSB NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 10.40 6.50 10.64 10.55 10.42 10.55 2,058 21:30:00

California Co Agrees To Submit Credit Risk Plan To Fed

25/03/2010 3:29pm

Dow Jones News


First US Bancshares (NASDAQ:FUSB)
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A California bank holding company has agreed to submit a plan to strengthen its credit risk management practices, the Federal Reserve says.

The Fed on Thursday released its agreement with United Security Bancshares, which has a subsidiary, United Security Bank, of Fresno.

The Fed agreement says the plan must include accurate identification of credit risk within the loan portfolio.

The plan must also consider strategies to minimize credit losses and reduce the level of problem assets.

-By Jeff Bater, Dow Jones Newswires; 202 862 9249; jeff.bater@dowjones.com

 
 

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