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Is NBH acquiring all Hillcrest Bank deposits and loans?

April 26, 2017Bank deposits hillcrest Loans nbh

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Is NBH acquiring all Hillcrest Bank deposits and loans?

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Hillcrest Bank, N.A. is assuming all of the deposits (except certain brokered deposits) and essentially all assets of the former Hillcrest Bank. Hillcrest Bank, N.A. now stands behind the loans and deposits of the former Hillcrest Bank.