Archive for July, 2010
Friday, July 16th, 2010
First National Bank of the South, Spartanburg, SC, is one of three FDIC bank closings tonight to bring the total number closed nationwide to 94. The agency estimates that the cost to the Deposit Insurance Fund (DIF) for Metro Bank of Dade County will be $67.6 million.
Metro Bank of Dade ...
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Friday, July 16th, 2010
Turnberry Bank, Aventura, FL, is one of three FDIC bank closings tonight to bring the total number closed nationwide to 94. The agency estimates that the cost to the Deposit Insurance Fund (DIF) for Metro Bank of Dade County will be $67.6 million.
Metro Bank of Dade County, Miami, Florida; Turnberry ...
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Friday, July 16th, 2010
Metro Bank of Dade County, Miami, Florida, is one of three FDIC bank closings tonight to bring the total number closed nationwide to 94. The agency estimates that the cost to the Deposit Insurance Fund (DIF) for Metro Bank of Dade County will be $67.6 million.
Metro Bank of Dade County, ...
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Friday, July 16th, 2010
Woodlands Bank, Bluffton, South Carolina, is the FDIC's dead beat bank number 91 of the the year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $115.0 million.
Woodlands Bank, Bluffton, South Carolina, was closed today by the Office of Thrift Supervision, which appointed the Federal ...
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Friday, July 9th, 2010
Home National Bank, Blackwell, Oklahoma, became number the 90th FDIC-insured institution to fail in the nation this year. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $78.7 million.
Home National Bank, Blackwell, Oklahoma, was closed today by the Office of the Comptroller of the Currency, ...
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Friday, July 9th, 2010
USA Bank, Port Chester, New York, became the 89th FDIC-insured institution to fail in the nation this year, and the third in New York. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $61.7 million.
USA Bank, Port Chester, New York, was closed today by the ...
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Friday, July 9th, 2010
Ideal Federal Savings Bank, Baltimore, Maryland, is the 88th FDIC-insured institution to fail in the nation this year. The agency estimates that the cost to it's Deposit Insurance Fund is $2.1 million.
The Federal Deposit Insurance Corporation (FDIC) approved the payout of the insured deposits of Ideal Federal Savings Bank. The ...
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Friday, July 9th, 2010
Bay National Bank, Baltimore, Maryland, became the 88th FDIC dead beat to be beat down this year. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $17.4 million.
Bay National Bank, Baltimore, Maryland, was closed today by the Office of the Comptroller of the Currency, which ...
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Thursday, July 1st, 2010
First Delta Federal Credit Union, which was placed into conservatorship by NUCA in October 2009, has been Amerged with Shreveport Federal Credit Union.
First Delta Federal Credit Union of Marks, Mississippi merged with Shreveport Federal Credit Union of Shreveport, Louisiana on June 30, 2010. NCUA placed First Delta FCU into ...
Posted in CREDIT UNION FAILURES | No Comments »
Thursday, July 1st, 2010
Southwest Community FCU of St. George, Utah, was shuttered tonight after NCUA, lost patience with the ailing credit union.
After several quarters of subpar results, the NCUA last week liquidated the $139 million Southwest Community FCU of St. George, Utah, and announced that its assets and liabilities would be purchased and ...
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