Archive for November, 2010
Tuesday, November 23rd, 2010
Constitution Corporate FCU will be liquidated by NUCA latter this month.
The NCUA said today that on Nov. 30 it will liquidate Constitution Corporate FCU, one of the three coporates it conserved in September.
The agency is transferring Constitution’s operations to Members United Bridge Corporate Federal Credit Union.
The agency said that liquidation ...
Posted in CREDIT UNION FAILURES | No Comments »
Friday, November 19th, 2010
First Banking Center, Burlington, Wisconsin,becomes the 149th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $142.6 million.
First Banking Center, Burlington, Wisconsin, was closed today by the Wisconsin Department of Financial Institutions, which appointed the Federal ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, November 19th, 2010
Allegiance Bank of North America, Bala Cynwyd, Pennsylvania, is the 148th FDIC-insured institution to fail in the nation this year, at an estimated cost to the Deposit Insurance Fund (DIF) of be $14.2 million.
Allegiance Bank of North America, Bala Cynwyd, Pennsylvania, was closed today by the Secretary of the Pennsylvania ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, November 19th, 2010
Gulf State Community Bank, Carrabelle, Florida, becomes FDIC victim 147 of 2010. The agency estimates that cost to its Deposit Insurance Fund (DIF) will be $42.7 million.
Gulf State Community Bank, Carrabelle, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, November 12th, 2010
Copper Star Bank, Scottsdale, Arizona, becomes FDIC victim 146 of 2010. The agency estimates that cost to its Deposit Insurance Fund (DIF) will be $43.6 million.
Copper Star Bank, Scottsdale, Arizona, was closed today by the Superintendent of the Arizona Department of Financial Institutions, which appointed the Federal Deposit Insurance ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, November 12th, 2010
Darby Bank & Trust Co., Vidalia, GA, is one of two failed Georgia banks to bring the total of FDIC insured tailed institutions to 145 on the year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $136.2 million for Darby Bank & Trust Co.
Tifton ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, November 12th, 2010
Tifton Banking Company, Tifton, GA, is one of two failed Georgia banks to bring the total of FDIC insured tailed institutions to 145 on the year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $24.6 million for Tifton Banking Company.
Tifton Banking Company, Tifton, Georgia ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, November 5th, 2010
First Vietnamese American Bank, Westminster, California, makes it 143 FDIC-insured institution to fail in the nation this year, and the twelve in California. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $9.6 million.
First Vietnamese American Bank, Westminster, California, was closed today by the ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, November 5th, 2010
Pierce Commercial Bank, Tacoma, Washington, is the 142nd FDIC insured institution to fail in 2010. The agency estimates that the hit to the Deposit Insurance Fund (DIF) will be $21.3 million.
Pierce Commercial Bank, Tacoma, Washington, was closed today by the Washington Department of Financial Institutions, which appointed the Federal Deposit ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, November 5th, 2010
Western Commercial Bank, Woodland Hills, California, is the 141st FDIC insured institution to fail in 2010. The agency estimates that the hit to the Deposit Insurance Fund (DIF) will be $25.2 million.
Western Commercial Bank, Woodland Hills, California, was closed today by the California Department of Financial Institutions, which appointed the ...
Posted in FDIC FAILED BANKS | No Comments »
