Operational Losses At First Federal Draw Heightened Regulatory Scrutiny by George Waldon Posted 12/14/2009 12:00 am Updated 3 years ago The Office of Thrift Supervision is requiring OTS approval regarding certain actions of Federal Bancshares of Arkansas Inc. in the aftermath of losses by the thrift. Want the Full Article? Get Unlimited Archive Access for $19.95 per Year Readers must pay to access stories older than 20 days. Purchase Now Already have archive access? Login to view this article.