Archive for December, 2010
Friday, December 17th, 2010
Community National Bank, Lino Lakes, Minnesota, became the FDIC's 157th casualty of the year tonight at an estimated cost to the Deposit Insurance Fund (DIF) of $3.7 million.
Community National Bank, Lino Lakes, Minnesota, was closed today by The Office of the Comptroller of the Currency, which appointed the Federal Deposit ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, December 17th, 2010
First Southern Bank, Batesville, Arkansas, is number 156 on the FDIC hit list this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $22.8 million.
First Southern Bank, Batesville, Arkansas, was closed today by the Arkansas State Bank Department, which appointed the Federal Deposit Insurance ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, December 17th, 2010
United Americas Bank, National Association, Atlanta, Georgia, makes it 155 ailing banks shuttered by the FDIC in 2010 at an estimated cost to it's Deposit Insurance Fund (DIF) of $75.8 million.
United Americas Bank, National Association, Atlanta, Georgia, was closed today by The Office of the Comptroller of the Currency, which ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, December 17th, 2010
Appalachian Community Bank, F.S.B., McCaysville, Georgia, is the 154th FDIC-insured institution to fail in the nation in 2010. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $26.0 million.
Appalachian Community Bank, F.S.B., McCaysville, Georgia, was closed today by The Office of Thrift Supervision, which appointed ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, December 17th, 2010
Chestatee State Bank, Dawsonville, Georgia, was shuttered by the FDIC tonight making it the 153rd ailing bank to fail in 2010. The agency estimates estimates that the cost to the Deposit Insurance Fund (DIF) will be $75.3 million.
Chestatee State Bank, Dawsonville, Georgia, was closed today by the Georgia Department of ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, December 17th, 2010
The Bank of Miami, National Association, Coral Gables, Florida, was the 152nd ailing bank to fail this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $64.0 million.
The Bank of Miami, National Association, Coral Gables, Florida, was closed today by The Office of the ...
Posted in FDIC FAILED BANKS | No Comments »
Wednesday, December 15th, 2010
Beehive Credit Union of Salt Lake City, Utah, Was finally shut down by NUCA today though it's fate was sealed months ago.
"Back in probably September" officials with the National Credit Union Administration got in touch with Security Service Federal Credit Union and other potential buyers, John Worthington, a spokesman for ...
Posted in CREDIT UNION FAILURES | No Comments »
Friday, December 10th, 2010
Earthstar Bank, Southampton, Pennsylvania, makes it 151 on the FDIC beat down list. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $22.9 million.
Earthstar Bank, Southampton, Pennsylvania, was closed today by the Secretary of Banking of the Commonwealth of Pennsylvania, which appointed the Federal Deposit Insurance ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, December 10th, 2010
Paramount Bank, Farmington Hills, Michigan, was closed today, making it the 150th FDIC-dead beat bank to fall in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $90.2 million.
Paramount Bank, Farmington Hills, Michigan, was closed today by the Michigan Office of ...
Posted in FDIC FAILED BANKS | No Comments »
