Superior Bancorp controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2014
FDIC litigation over alleged unsafe loans
The FDIC sued former Florida-division executives, alleging that they took unreasonable financial risks by making unsafe loans. The available source does not establish the final outcome.
2011
Superior Bank failure
Superior Bank failed on April 15, 2011, and the FDIC facilitated the transfer of its assets to a Cadence Bank affiliate. The FDIC’s reported cost exceeded $530 million.