Local Business Alert: Regulators turn HarVest Bank’s deposits over to Sonabank

	Friday, April 27, 2012 7:30:03 PM LOCAL BUSINESS ALERT Regulators turn HarVest Bank's deposits over to Sonabank Regulators on Friday seized HarVest Bank of Maryland and turned over its deposits to McLean-based Sonabank, ending the Gaithersburg institution's two-year struggle to raise capital. The Federal Deposit Insurance Corp. entered into an agreement with Sonabank to assume HarVest's $145.5 million in deposits and four branches. The locations will reopen on Monday as Sonabank, which will now have more than $610 million in deposits on hand. Read more at: http://www.washingtonpost.com/blogs/capital-business/post/regulators-turn-harvest-banks-deposits-over-to-sonabank/2012/04/27/gIQAP7CEmT_blog.html Or visit PostBusiness.com or Capital Business. SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071  ©2011 The Washington Post Privacy Policy