The Federal Deposit Insurance Corp. has settled a civil complaint against Daniel Melgar, Sr. of San Francisco-based boutique firm Coast Partners for its association with the 1999 failure of First National Bank of Keystone, reported the Bluefield Daily Telegraph on Friday. 

According to the Telegraph, Melgar paid the FDIC $1.1 million. Melgar was unable to be reached for comment, and the FDIC has not yet returned a phone call seeking commentary.

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