Archive for April, 2010
Friday, April 30th, 2010
Frontier Bank, Everett, Washington, makes it number 64 for 2010. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $1.37 billion.
Frontier Bank, Everett, Washington, was closed today by the Washington Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, April 30th, 2010
BC National Banks, Butler, Missouri, makes it number 63 on the FDIC hit parade of 2010.
The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $11.4 million.
BC National Banks, Butler, Missouri, was closed today by the Office of the Comptroller of the Currency, which appointed the ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, April 30th, 2010
Champion Bank, Creve Coeur, Missouri, is the 62nd FDIC-insured institution to fail in the nation this year. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $52.7 million.
Champion Bank, Creve Coeur, Missouri, was closed today by the Missouri Division of Finance, which appointed the Federal ...
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Friday, April 30th, 2010
CF Bancorp, Port Huron, Michigan, is the 61st FDIC insured institution to fail nationwide in 2010. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $615.3 million.
CF Bancorp, Port Huron, Michigan, was closed today by the Michigan Office of Financial and Insurance Regulation, which appointed ...
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Friday, April 30th, 2010
Westernbank Puerto Rico, Mayaguez, Puerto Rico, becomes the FDIC's 60th victim this year and one of three in Puerto Rico tonight. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $3.31 billion.
Westernbank Puerto Rico, Mayaguez, Puerto Rico, was closed today by the Office of ...
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Friday, April 30th, 2010
R-G Premier Bank of Puerto Rico, Hato Rey, Puerto Rico, becomes the 59th FDIC victim of 2010, at an estimated cost to the Deposit Insurance Fund (DIF) of $1.23 billion. R-G Premier Bank of Puerto Rico is one of three institutions closed in Puerto Rico tonight.
R-G Premier Bank of Puerto ...
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Friday, April 30th, 2010
The FDIC hit squad ventured to San Juan, Puerto Rico tonight as the agency shuttered ailing Eurobank, San Juan, Puerto Rico and fed the remains to Oriental Bank and Trust, San Juan, Puerto Rico. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $743.9 million. ...
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Friday, April 30th, 2010
Steve Dibert, MFI-Miami
One of my contacts on Wall Street sent me a copy of this email that has been floating around. If anyone knows who this person is, let me know I want to hire them as a writer for this site. I like their “in your face” style!
“We are ...
Posted in BREAKING NEWS! | No Comments »
Monday, April 26th, 2010
St. Paul Croatian FCU, Eastlake, Ohio, was placed into conservatorship today by The National Credit Union Administration (NCUA).
Following a quarter in which St. Paul Croatian FCU reported a substantial decline in the value of its real estate and secured loans, the NCUA on Friday placed it into conservatorship.
The action means ...
Posted in CREDIT UNION CONSERVATORSHIPS | No Comments »
Saturday, April 24th, 2010
Citizens Bank&Trust Company Of Chicago, Chicago, Illinois, was the 53rd FDIC insured bank to be imploded by the agency at an estimated cost of $20.9 million to the its Deposit Insurance Fund (DIF).
Citizens Bank&Trust Company of Chicago, Chicago, Illinois, was closed today by the Illinois Department of Financial and Professional ...
Posted in FDIC FAILED BANKS | No Comments »
