The IRS doesn’t shut down banks.
That’s the OCC or some other banking regulator.
Not on Bankfind, so deposits aren't FDIC insured. And from another site, it appears that the bank had a charter on one of the foreign Caribbean islands.
The whole 'depositors aren't getting their money' raised my suspicions that there was a lot NOT being said on this thread.
And….they do it because of pressure or coercion by…the IRS
Probably all the bureaucrats in the OCC decision chain were aware that they could become IRS targets and ruined
This is how fascism rolls