Archive for October, 2009
Friday, October 30th, 2009
Park National Bank, Chicago, IL was one of nine banks seized by the FDIC tonight.The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of ...
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Friday, October 30th, 2009
Pacific National Bank, San Francisco, CA, was one of nine banks seized by the FDIC tonight.The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all ...
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Friday, October 30th, 2009
North Houston Bank, Houston, TX, was one of nine banks seized by the FDIC tonight.The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of ...
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Friday, October 30th, 2009
Madisonville State Bank, Madisonville, TX, was one of nine banks seized by the FDIC tonight.The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of ...
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Friday, October 30th, 2009
Citizens National Bank, Teague, TX, was one of nine banks seized by the FDIC tonight.The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of ...
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Friday, October 30th, 2009
Community Bank of Lemont, Lemont, IL was one of nine banks seized by the FDIC tonight.The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all ...
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Friday, October 30th, 2009
California National Bank, Los Angeles, CA was one of nine banks seized by the FDIC tonight.The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of the ...
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Friday, October 30th, 2009
Bank USA, National Association, Phoenix, AZ was one of nine banks seized by the FDIC tonight.The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of the ...
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Thursday, October 29th, 2009
Another Credit Union bites the dust. Second Baptist Church Credit Union was shuttered today and its members will not be served by Prosperity Federal Credit Union.
The National Credit Union Administration (NCUA) was appointed liquidating agent of the Second Baptist Church Credit Union (Second Baptist) of Los Angeles by the California ...
Posted in CREDIT UNION FAILURES | No Comments »
Friday, October 23rd, 2009
Bank of Elmwood, Racine, Wisconsin, made it number 104 on the FDIC to bad to be in business list tonight. So, the FDIC entered into a purchase and assumption agreement with Tri City National Bank, Oak Creek, Wisconsin, to assume all of the deposits of Bank of Elmwood at an ...
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