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TODAYS TOP STORIES
FDIC closes small bank in Pennsylvania
WASHINGTON (AP) -- Regulators say they have closed a small bank in Pennsylvania, bringing to 47 the number of U.S. bank failures this year.
The Federal Deposit Insurance Corp. on Friday seized NOVA Bank, based in Berwyn, Pa.
The bank had about $483 million in assets and $432.2 million in deposits as of June 30.
The FDIC says it was unable to find a financial institution to take over the failed bank's operations, so it will retain NOVA's assets for later disposition.
Regulators did line up National Penn Bank to accept NOVA's direct deposits from the federal government, including Social Security payments, through Jan. 25.
The failure of NOVA Bank is expected to cost the deposit insurance fund $91.2 million.
The lender is the second FDIC-insured institution in Pennsylvania to fail this year.
Posted: Sunday, October 28 2012, 01:18 PM CDT
IN OKLAHOMA NEWS
Education board to consider waivers for Moore
May 23, 2013 01:15 GMT
OKLAHOMA CITY (AP) -- The Oklahoma State Board of Education is expected to consider waivers for public schools in the tornado-ravaged community of Moore.
The State Board of Education meets Thursday in Oklahoma City. It's slated to consider waivers for Moore Public Schools relating to instructional days and filing deadlines for certain reports.
The Central Oklahoma chapter of the American Red Cross is also expected to attend the meeting to discuss storing donated supplies after a monstrous tornado hit Moore Monday and killed 24 people, including 10 children.
Seven of the children were pulled from the rubble of the Plaza Towers Elementary School in Moore.
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OKLAHOMA WEATHER
75°
From the FOX 25 First Forecast Center..
Hello everyone...It's a nice evening weather wise with clear skies, pleasant temps and light winds. However our next front / upper disturbance coming in next couple of days with more clouds, scattered showers and t'storms and mild temps for May. ...
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