The Federal Home Loan Bank Board placed...
- Share via
The Federal Home Loan Bank Board placed troubled Valley Federal Savings & Loan Assn. of Hutchinson, Kan., in conservatorship. Valley Federal, under the appointed conservator, will conduct business as usual, maintaining its name, normal operating hours and services. The management consignment program is designed to stabilize the operations of thrifts with serious problems. Valley Federal has $238.7 million in assets, $252.2 million in liabilities and negative net worth of $13.5 million.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
