Let me clarify my earlier post.
What I meant was that the bank could be trying to take advantage of a bad situation. Certainly wouldn't be the first time that's happened.
I suspect that USSA could be a very minor secondary concern to the bank. I suspect that Mr. Fee's Oil & Gas Company has them licking their chops because from the amount of debt that the article stated that the bank held notes to could be covered by the assets the oil company held. In fact wells, leases, other various types of royalty interests could cover both companies notes several times over. I don't know if it will, but it's entirely possible.
The bank probably knew that they were going to be set up as a one of those evil greedy boogie men OR it's possible that they just wanted to keep quiet out of respect so they didn't return the reporters calls. But I just don't see how waiting another day or two before filing suit so the family could at least bury the man and have his service would have made much of a difference in the grand scheme of things.
So with that said I'll bow out now and I'll state again that I wish only the best for his wife, kids, friends and all of his employees and I really do hope that USSA continues on and is successful. Mr. Fee built and staffed a world class facility that all of us should be proud of.
I don't know their specific motive here, but I've worked for a bank before. I have nothing good to say about them. I specifically have nothing good to say about F&M bank.