Virginia bank under congressional scrutiny, the Federal Deposit Insurance Corp. has gone on the offensive.

In a letter to the chairman of the House Banking Committee, the FDIC politely yet firmly pointed a finger of blame at the Office of the Comptroller of the Currency, which had primary responsibility for supervising First National Bank of Keystone. The $1.1 billion-asset bank was closed Sept. 1 at an estimated cost of $750 million.

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