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OCC shutters smallest US bank
The Office of the Comptroller of the Currency (OCC) closed Kentland Federal Savings and Loan Association — the smallest federally chartered bank in the U.S. — and the FDIC appointed Kentland Bank as receiver, transferring all deposits and liabilities without interruption to customers.
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"The OCC closed Kentland Federal Savings and Loan, the smallest federally chartered U.S. bank; the FDIC appointed Kentland Bank as receiver, and customer accounts were automatically transferred."
Banking Dive
Jul 13, 2026