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United Commercial Bank

United Commercial Bank

United Commercial Bank found itself stretched after nearly doubling in size during the mid-2000s. Executives, under pressure to help the company avoid reporting a third-quarter loss in 2008, delayed writing down the value of numerous loans on the bank's books. Then United Commercial took the federal bailout money before ultimately failing.

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About United Commercial Bank

Estimated Revenue

$500M-$1B

Employees

251-1K

Category

Location

City

Waco

State

Texas

Country

United States
United Commercial Bank

United Commercial Bank

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