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SPIN Processed News Frame: The Shield
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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Banking Dive
Jul 13, 2026
SPIN Processed Government Release Frame: none
OCC Appoints Receiver for Kentland Federal Savings and Loan Association, Kentland, Indiana
The OCC placed Kentland Federal Savings and Loan Association into receivership, transferring control to the FDIC — a routine resolution action for an insolvent financial institution.
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OCC News Releases
Jul 11, 2026