Archive for August, 2010
Friday, August 20th, 2010
Sonoma Valley Bank, Sonoma, California, becomes the 118th FDIC-insured institution to fail in the nation in 2010. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $10.1 million.
Sonoma Valley Bank, Sonoma, California, was closed today by the California Department of Financial Institutions, which appointed the ...
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Friday, August 20th, 2010
Los Padres Bank, Solvang, California, was closed today, making it the 117th on the year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $8.7 million.
Los Padres Bank, Solvang, California, was closed today by the Office of Thrift Supervision, which appointed the Federal Deposit Insurance ...
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Friday, August 20th, 2010
Pacific State Bank, Stockton, California, becomes one of two FDIC casulties bringing the carnage for 2010 to 116. The agency estimates that the cost to the Deposit Insurance Fund (DIF) for Pacific State Bank, will be $32.6 million.
Butte Community Bank, Chico, California, and Pacific State Bank, Stockton, California, were closed ...
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Friday, August 20th, 2010
Butte Community Bank, Chico, California, becomes one of two FDIC casulties bringing the carnage for 2010 to 116. The agency estimates that the cost to the Deposit Insurance Fund (DIF) for Butte Community Bank, Chico, California, will be $17.4 million.
Butte Community Bank, Chico, California, and Pacific State Bank, Stockton, California, were closed ...
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Friday, August 20th, 2010
The long awaited closure of ShoreBank, Chicago, Illinois, took place tonight making the ailing bank the 114th FDIC casualty of 2010, at an estimated cost to the Deposit Insurance Fund (DIF) of $367.7 million.
ShoreBank, Chicago, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation, which appointed ...
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Friday, August 20th, 2010
Imperial Savings and Loan Association, Martinsville, Virginia, bit the dust tonight, bringing the FDIC hit list for 2010 up to 113. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $3.5 million.
Imperial Savings and Loan Association, Martinsville, Virginia, was closed today by the Office of ...
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Friday, August 20th, 2010
Independent National Bank, Ocala, Florida, was one of two shuttered banks to bring the FDIC misery count to 112 on the year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) for Independent National Bank, will be $23.2 million.
Community National Bank At Bartow, Bartow, Florida, and ...
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Friday, August 20th, 2010
Community National Bank At Bartow, Bartow, Florida, was one of two shuttered banks to bring the FDIC misery count to 112 on the year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) for Community National Bank At Bartow will be $10.3 million.
Community National Bank At Bartow, ...
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Friday, August 13th, 2010
Palos Bank and Trust Company, Palos Heights, Illinois, became the 110th bad bank to be shuttered by the FDIC last night. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $72.0 million.
Palos Bank and Trust Company, Palos Heights, Illinois, was closed today by the Illinois ...
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Friday, August 6th, 2010
The honor of being the 109th FDIC insured institution to fail in 2010 goes to Ravenswood Bank, Chicago, Illinois. The agency estimates that the cost to the Deposit Insurance Fund (DIF) of $68.1 million.
Ravenswood Bank, Chicago, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation – ...
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