Seaway Bank changing hands again just weeks after previous takeover

Seaway Bank changing hands again just weeks after previous takeover Just weeks after it was closed by regulators and taken over by State Bank of Texas, Seaway Bank & Trust — the Chicago bank that runs the former Legacy Bank branch in Milwaukee’s central city — is now being sold to a North Carolina credit union, according to Crain’s Chicago Business. Self-Help Federal Credit Union of Greensboro, N.C., is buying Seaway Bank from the Dallas-based State Bank of Texas. The credit union specializes in lending to low-income and minority customers and already owns…

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