The New York Times
A man checks out the FDIC notice on the door of the Boro Park Branch of LibertyPointe Bank. Photo: ShiaHD for Vos Iz Neias.
State banking regulators on Thursday evening shut down the troubled LibertyPointe Bank, whose chairman, Shaya Boymelgreen, built more than 2,400 apartments in New York City in the last decade. The failure was the 27th in the nation this year but the first in the city in more than a decade, regulators said.
Regulators Turn Over LibertyPointe to Vally National
The New York Times
A man checks out the FDIC notice on the door of the Boro Park Branch of LibertyPointe Bank. Photo: ShiaHD for Vos Iz Neias.
State banking regulators on Thursday evening shut down the troubled LibertyPointe Bank, whose chairman, Shaya Boymelgreen, built more than 2,400 apartments in New York City in the last decade. The failure was the 27th in the nation this year but the first in the city in more than a decade, regulators said.
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