Archive for April, 2010
Friday, April 23rd, 2010
Wheatland Bank, Naperville, Illinois, was closed today by the FDID, making it the 57th ailing bank to be imploded by the agency this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $133.0 million.
Wheatland Bank, Naperville, Illinois, was closed today by the Illinois Department ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, April 23rd, 2010
Peotone Bank and Trust Company, Peotone, Illinois, was imploded by the FDIC. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $31.7 million. Peotone Bank and Trust Company is the 56th FDIC-insured institution to fail in the nation this year, and the ninth in Illinois.
Peotone ...
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Friday, April 23rd, 2010
Lincoln Park Savings Bank, Chicago, Illinois is the 55th FDIC-insured institution to fail in the nation this year, at an estimated the cost to the Deposit Insurance Fund (DIF) of $48.4 million.
Lincoln Park Savings Bank, Chicago, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation – ...
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Friday, April 23rd, 2010
The FDIC makes New Century Bank, Chicago, Illinois, the 54th victim of 2010 and estimates that the cost to the Deposit Insurance Fund (DIF) will be $125.3 million.
New Century Bank, Chicago, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation — Division of Banking, which appointed ...
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Friday, April 23rd, 2010
The FDIC makes Broadway Bank, Chicago, Illinois, the 52 bank to implode this year. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $394.3 million.
Broadway Bank, Chicago, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation — Division of Banking, which ...
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Friday, April 23rd, 2010
Amcore Bank, National Association, Rockford, Illinois,was next as regulators shuttered the ailing bank tonight. Amcore Bank, was the 51st closed by the FDIC in 2010 at an estimated hit of 220.3 million to the agency's Deposit Insurance Fund (DIF) .
Amcore Bank, National Association, Rockford, Illinois, was closed today by the ...
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Sunday, April 18th, 2010
Steve Dibert, MFI-Miami
I began working on this project last year at the peak of the modification frenzy and finished it about a month ago. I originally planned on posting it last week on the eve of the Mortgage Servicers Convention in Dallas. I decided hold off because I didn’t want ...
Posted in BREAKING NEWS! | No Comments »
Friday, April 16th, 2010
City Bank, Lynnwood, Washington becomes the 50th FDIC insured institution to fail this year nationwide. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $323.4 million.
City Bank, Lynnwood, Washington, was closed today by the Washington Department of Financial Institutions, which appointed the Federal Deposit Insurance ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, April 16th, 2010
Tamalpais Bank, San Rafael, California, becomes the 49th FDIC insured institution to fail this year nationwide. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $81.1 million.
Tamalpais Bank, San Rafael, California, was closed today by the California Department of Financial Institutions, which appointed the Federal ...
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Friday, April 16th, 2010
Innovative Bank, Oakland, California, becomes a 48 FDIC institutions fail this year nationwide. The agency estimates that the cost to its Deposit Insurance Fund (DIF) will be $37.8 million.
Innovative Bank, Oakland, California, was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) ...
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