Archive for July, 2011
Friday, July 15th, 2011
High Trust Bank, Stockbridge, Georgia, becomes the 52nd FDIC-insured institutions to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) for High Trust Bank will be $66.0 million.
Ameris Bank, Moultrie, Georgia, acquired the banking operations, including all the deposits, of High ...
Posted in FDIC FAILED BANKS | No Comments »
Tuesday, July 12th, 2011
Vensure Federal Credit Union of Mesa, Arizona, has been liquidated by the National Credit Union Administration (NCUA) for insolvency.
The National Credit Union Administration (NCUA) liquidated Vensure Federal Credit Union of Mesa, Ariz., today. Member deposits are federally insured by the National Credit Union Share Insurance Fund up to $250,000. ...
Posted in CREDIT UNION FAILURES | No Comments »
Friday, July 8th, 2011
Signature Bank, Windsor, Colorado, is the 51st FDIC-insured institution to fail in the nation in 2011 at an estimated cost to the Deposit Insurance Fund (DIF) of $22.3 million.
Signature Bank, Windsor, Colorado, was closed today by the Colorado Division of Banking, which appointed the Federal Deposit Insurance Corporation (FDIC) as ...
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Friday, July 8th, 2011
Colorado Capital Bank, Castle Rock, Colorado, is the 50th FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $283.8 million.
Colorado Capital Bank, Castle Rock, Colorado, was closed today by the Colorado Division of Banking, which appointed ...
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Friday, July 8th, 2011
First Chicago Bank & Trust, Chicago, Illinois, is the 49th FDIC-insured institution to fail in the nation this year. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $284.3 million.
First Chicago Bank & Trust, Chicago, Illinois, was closed today by the Illinois Department of Financial ...
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Friday, July 8th, 2011
Borinquen Federal Credit Union Philadelphia, Pennsylvania, which was placed into conservatorship just last month, was shuttered up and shut down for good.
The National Credit Union Administration (NCUA) liquidated Borinquen Federal Credit Union of Philadelphia today. NCUA made the decision to liquidate Borinquen Federal Credit Union and discontinue its operations after determining the credit ...
Posted in CREDIT UNION FAILURES | No Comments »
