WASHINGTON -- A small bank's crusade against the riskbased premium system has taken a potentially fatal turn, as the government began taking steps to yank its deposit insurance.

Doolin Security Savings Bank, New Martinsville, W. Va., will lose its coverage by the end of August unless it pays overdue premiums.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.