Archive for September, 2010
Monday, September 27th, 2010
From Steve Dibert, MFI-Miami
Several months back I wrote an article about Lynne Lucas, a client of MFI-Miami who had been put through a living nightmare by Bank of America when she attempted to negotiate a loan modification. Last week, Ms. Lucas’s attorney, William Maxwell filed a lawsuit in Oakland ...
Posted in BREAKING NEWS! | No Comments »
Saturday, September 25th, 2010
Constitution Corporate Federal Credit Union, Wallingford, Conn., was one of three credit unions to be place into conservatorship by the National Credit Union Administration last night.
The seizures may cost as much as $50 billion, and brings a number of unions seized by the agency and wide and why did this year ...
Posted in Uncategorized | No Comments »
Saturday, September 25th, 2010
Southwest Corporate Federal Credit Union of Plano, Texas, was one of three credit unions to be place into conservatorship by the National Credit Union Administration last night.
The seizures may cost as much as $50 billion, and brings a number of unions seized by the agency and wide and why did this ...
Posted in CREDIT UNION CONSERVATORSHIPS | No Comments »
Saturday, September 25th, 2010
Members United Corporate Federal Credit Union in Warrenville, Ill., was one of three credit unions to be place into conservatorship by the National Credit Union Administration last night.
The seizures may cost as much as $50 billion, and brings a number of unions seized by the agency and wide and why ...
Posted in CREDIT UNION CONSERVATORSHIPS | No Comments »
Friday, September 24th, 2010
North County Bank, Arlington, Washington, becomes the 127th ailing bank on the FDIC hit list for 2010. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $72.8 million.
North County Bank, Arlington, Washington, was closed today by the Washington Department of Financial Institutions, which appointed the ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 24th, 2010
The 126th FDIC-insured institution to croak in the nation this year, is also the 24th in Florida. Haven Trust Bank Florida, Ponte Vedra Beach, FL, was shuttered by the agency tonight at an estimated cost to the Deposit Insurance Fund (DIF) of $31.9 million.
Haven Trust Bank Florida, Ponte Vedra Beach, Florida, ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 17th, 2010
Maritime Savings Bank, West Allis, Wisconsin, is the 125th FDIC-insured institution to fail in the nation this year, and the first in Wisconsin. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $83.6 million.
Maritime Savings Bank, West Allis, Wisconsin, was closed today by Office of ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 17th, 2010
Bramble Savings Bank, Milford, Ohio, is the 124th FDIC-insured institution to fail in the nation this year, at an estimated cost to the FDIC Deposit Insurance Fund (DIF) of $14.6 million.
Bramble Savings Bank, Milford, Ohio, was closed today by the Ohio Division of Financial Institutions, which appointed the Federal Deposit ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 17th, 2010
The Peoples Bank, Winder, Ga, helped to bring the total number FDIC insured failed banks to 123 nation wide, for 2010. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $98.9 million for The Peoples Bank.
Community & Southern Bank, Carrollton, Georgia, acquired the banking operations, including ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 17th, 2010
First Commerce Community Bank, Douglasville, GA, helped lift the number of FDIC insured banks to fail this year to 123. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) for First Commerce Community Bank, will be $71.4 million.
Community & Southern Bank, Carrollton, Georgia, acquired the banking operations, ...
Posted in FDIC FAILED BANKS | No Comments »
