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-$1BEmployees
251-1KCategory
Location
City
WacoState
TexasCountry
United StatesUnited Commercial Bank
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