What do you think of the bank’s decision to suspend the huntington National Bank?
The National Bank of Huntington National Park in Oklahoma announced Friday it is suspending its huntington branch as it struggles to remain solvent.
The bank has not said when it expects to resume operations.
The bank is part of the Federal Reserve System, and its assets are insured by the U.S. Treasury.
The Oklahoma National Bank says the branch will be closed until the U,S.
Department of Justice and other federal agencies can determine whether the bank has violated federal anti-money laundering rules.
The National Bank said in a statement that the bank had received “a number of inquiries from concerned citizens” after the branch was closed, including one from a member of the public who reported a suspicious transaction at the bank.
The Federal Reserve has said it will review the bank in a coming week.