Comment on Park National to pay $500,000 penalty over bad Florida loans

Park National to pay $500,000 penalty over bad Florida loans

Park National Bank has agreed to pay a $500,000 civil penalty to resolve a Securities and Exchange investigation into the bank's accounting for its allowance for loan losses tied to bad loans at a former subsidiary in Florida.adcelannotate = {"mobilepaywallcategory" : "MOBILE_PREM-BUSINESS","nativepaywallcategory" : "NATIVE_PREM-BUSINESS"};

 

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