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Gold Banc Corp.



Dallas, TX: (March-08-07) A class action lawsuit filed against Gold Bank and its parent, Gold Banc Corp, accused the bank of charging excessive and illegal interest rates and fees on federally guaranteed Farm Service Agency loans. The class action settlements will see more than 43 of the 224 farmers or farm operations that submitted claim forms receive checks of $20,000 or more. Sources confirm that more than 200 of the farmers were sent checks for at least $1,000. Even after legal fees, the settlement has more than $5 million to be distributed among the 224 farmers. [PR NEWSWIRE: GOLD BANC SETTLEMENT]


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