LETTER: Fulton Bank applies for Federal bail out

I don’t remember reading this in any of the Lancaster Newspapers……..according to the 11/12/08 issue of the Chester County Press; Fulton Financial Corp. has applied for roughly $375 million in the U.S. Department of Treasury’s bailout plan for financial services. The amount requested was the maximum allowable given the bank’s size and equaled 3 percent of risk-weighted assets.

Interesting that I must have ‘missed this’ in LNP’s investigative reporting.

Were any of you folks aware of this???????????

Keep up the GREAT work!!

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