Investors in a failed community bank money market fund won a partial victory last week when the investment managers agreed to distribute most of what remains in the fund -- about $1 million -- to investors.

Those investors -- 94 community banks across the country -- will receive a distribution of 1.1 cents a share. The payout will compensate the banks for part of the initial 6-cent-pershare, or $3 million, loss they suffered.

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