Archive for June, 2010
Tuesday, June 29th, 2010
Steve Dibert MFI-Miami
I don’t usually blog about pending investigations involving my clients because it could jeopardize any potential litigation that they may file against the servicer or trustee. However, with this client I’m making an exception because she has been diagnosed with Small Cell Carcinoma and has only been given ...
Posted in BREAKING NEWS! | No Comments »
Friday, June 25th, 2010
High Desert State Bank, Albuquerque, New Mexico, became FDIC beat down number 86 of 2010 tonight. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $20.9 million.
High Desert State Bank, Albuquerque, New Mexico, was closed today by the New Mexico Financial Institutions Division, which appointed ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, June 25th, 2010
First National Bank Savannah, Georgia, was closed by the FDIC and it’s deposits assumed byThe Savannah Bank, National Association, Savannah, Georgia. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $68.9 million. Nevada Security Bank is the 85rd FDIC-insured institution to fail in the nation ...
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Friday, June 25th, 2010
Peninsula Bank, Englewood, Florida, became the 84th bad bank to fail as the FDIC shuttered the ailing institution last night. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $194.8 million.
First National Bank, Savannah, Georgia, was closed today by the Office of the Comptroller of the ...
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Friday, June 18th, 2010
Nevada Security Bank, Reno, Nevada, was closed by the FDIC and it's deposits assumed by Umpqua Bank, Roseburg, Oregon. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $80.9 million. Nevada Security Bank is the 83rd FDIC-insured institution to fail in the nation in 2010.
Nevada ...
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Saturday, June 12th, 2010
Steve Dibert, MFI-Miami
“We’ve lost something vital, I tell you. When we lost it, we lost the ability to make good decisions. We fall upon decisions these days the way we fall upon an enemy — or wait and wait, which is a form of giving up, and we allow the ...
Posted in BREAKING NEWS! | No Comments »
Friday, June 11th, 2010
Washington First International Bank, Seattle, Washington, became the 82nd ailing bank to be closed by the FDIC this year. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $158.4 million.
Washington First International Bank, Seattle, Washington, was closed today by the Washington Department of Financial Institutions, ...
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Friday, June 4th, 2010
TierOne Bank, Lincoln, Nebraska, makes number 81 on the FDIC's to bad to be in business for 2010. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $297.8 million.
TierOne Bank, Lincoln, Nebraska, was closed today by the Office of Thrift Supervision, which appointed the Federal ...
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Friday, June 4th, 2010
Arcola Homestead Savings Bank, Arcola, Illinois, became the 80th FDIC-insured institution to fail in the nation this year, when the agency approved the payout of the insured deposits. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $3.2 million.
The Federal Deposit Insurance Corporation (FDIC) approved the ...
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Friday, June 4th, 2010
First National Bank, Rosedale, Mississippi, is 79th on the FDIC hit list for 2010 at an estimated cost to the Deposit Insurance Fund (DIF) of $12.6 million.
First National Bank, Rosedale, Mississippi, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation ...
Posted in FDIC FAILED BANKS | No Comments »
