To the report issued this week by the Federal Reserve’s Office of the Inspector General that details just what went wrong with NBRS Financial prior to the bank’s 2014 collapse. We’ve never seen a government report be so blunt in its allegations of fraud, ineptitude and seeming corruptness that ultimately ended with the demise of a more than 130-yearold county institution — one of only two remaining local banks at the time. It’s sad to read the depth of the issues at the top management of the bank that was responsible for so many Cecil County account holders, some of whom may not have been fully covered by the Federal Deposit Insurance Corporation’s policy of up to $250,000. While most account holders probably have seen no real issue in the switch to Howard Bank, the failure of NBRS was a drain on all who put money into bank accounts, as the $24 million hit to the Deposit Insurance Fund makes its way back to users one way or another.
To the resurfacing of an out-of-county branch of the Ku Klux Klan over the past weekend. The group dropped fliers promoting its agenda on the doorsteps of western county residents, many who expressed shock and anger to the action. The single sheet of paper was distributed by the East Coast Knights of the True Invisible Empire, which also hosted a meeting at the County Administration Building in Elkton in 2013. While the group tries to rebrand itself as white pride civic organization, those with any knowledge of the KKK’s history will stay far away. Wayne Tome, mayor of Port Deposit, wasn’t pleased with the covert delivery, saying he was “appalled” by this latest act by “cowards.” We wholeheartedly agree.