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By Sean Sposito
SEP 3, 2010 7:53pm ET

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BancVue Picks Up Credit Card Portfolio of Failed Silverton Bank

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The Austin community bank service provider BancVue has purchased the credit card portfolio of the failed Silverton Bank from the Federal Deposit Insurance Corp.

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What the Mortgage Settlement Means to Banks
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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover

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17th Annual Best Practices in Retail Financial Services Symposium
March 11-13, 2012
Boca Raton Resort & Club, Boca Raton, FL
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