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Illinois Bank Agrees With Fed Not To Pay Dividends
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Morningstar.com
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June 30, 2009
WASHINGTON -(Dow Jones)- An Illinois bank has agreed with the Federal Reserve not to pay dividends without approval. The Fed on Tuesday released an agreement with Amcore Financial Inc., of Rockford. Amcore owns Amcore Bank. Amcore also agreed not to incur any debt without Fed approval. -By Jeff Bate...
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