Archive for September, 2011
Friday, September 30th, 2011
First International Bank, Plano, Texas, is the 74th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $53.8 million.
First International Bank, Plano, Texas, was closed today by the Texas Department of Banking, which appointed the ...
Posted in FDIC FAILED BANKS | No Comments »
Tuesday, September 27th, 2011
Chetco Federal Credit Union, Harbor, Oregon, is the ninth federally insured credit union to be placed into conservatorship by the National Credit Union Administration (NUCA) during 2011.
Federal regulators have taken over the Chetco Federal Credit Union in the town of Harbor, on the Southwest Oregon Coast.
The National Credit Union Administration kept ...
Posted in CREDIT UNION CONSERVATORSHIPS | No Comments »
Friday, September 23rd, 2011
Citizens Bank of Northern California, Nevada City, California, is the 73rd FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $37.2 million.
Citizens Bank of Northern California, Nevada City, California, was closed today by the California ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 23rd, 2011
Bank of the Commonwealth, Norfolk, Virginia, became the 72nd FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $268.3 million.
Bank of the Commonwealth, Norfolk, Virginia, was closed today by the Virginia State Corporation Commission. The Federal ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 9th, 2011
The First National Bank of Florida, Milton, FL, is the 71st FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $46.9 million.
The First National Bank of Florida, Milton, Florida, was closed today by the Office of ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 2nd, 2011
CreekSide Bank, Woodstock, Georgia, is the 70th FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $27.3 million.
Georgia Commerce Bank, Atlanta, Georgia, acquired the banking operations, including all the deposits, of Patriot Bank of Georgia, Cumming, ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 2nd, 2011
Patriot Bank of Georgia, Cumming, Georgia, is the 69th FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $44.4 million.
Georgia Commerce Bank, Atlanta, Georgia, acquired the banking operations, including all the deposits, of Patriot Bank of ...
Posted in FDIC FAILED BANKS | No Comments »
