An Indiana thrift has stopped making commercial loans and has promised to boost its capital as part of an agreement with the Office of Thrift Supervision.

In documents filed last week with the Securities and Exchange Commission, Fidelity Federal Bancorp of Evansville admitted no wrongdoing but acknowledged that it is operating under a supervisory agreement.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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