Archive for October, 2011
Sunday, October 30th, 2011
Birmingham Financial Federal Credit Union, has been placed into conservatorship by The National Credit Union Administration (NCUA).
The NCUA conserved and moved the office of Birmingham Financial FCU on Thursday.
The $1.3 million Alabama credit union has experienced a decline in assets and certain key ratios, according to its Financial Performance Report.
The 429-member credit ...
Posted in CREDIT UNION CONSERVATORSHIPS | No Comments »
Sunday, October 30th, 2011
All American Bank, Des Plaines, IL, is the 85th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $6.5 million.
All American Bank, Des Plaines, Illinois, was closed today by the Illinois Department of Financial and ...
Posted in FDIC FAILED BANKS | No Comments »
Sunday, October 23rd, 2011
Community Banks of Colorado, Greenwood, Colorado, is the 84th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $224.9 million.
The Federal Deposit Insurance Corporation (FDIC) today was appointed receiver for Community Banks of Colorado, Greenwood, Colorado, ...
Posted in Uncategorized | No Comments »
Sunday, October 23rd, 2011
Community Capital Bank, Jonesboro, Georgia, is the 83rd FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $62.0 million.
Community Capital Bank, Jonesboro, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed ...
Posted in FDIC FAILED BANKS | No Comments »
Sunday, October 23rd, 2011
Decatur First Bank, Decatur, Georgia, is the 82nd FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $32.6 million.
Decatur First Bank, Decatur, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed ...
Posted in FDIC FAILED BANKS | No Comments »
Sunday, October 23rd, 2011
Old Harbor Bank, Clearwater, Florida, is the 81st FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $39.3 million.
Old Harbor Bank, Clearwater, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, October 14th, 2011
Country Bank, Aledo, Illinois, is the 80th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $66.3 million.
Country Bank, Aledo, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation – Division of ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, October 14th, 2011
First State Bank, Cranford, New Jersey, is the 79th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $45.8 million.
First State Bank, Cranford, New Jersey, was closed today by the New Jersey Department of Banking and ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, October 14th, 2011
Blue Ridge Savings Bank, Inc., Asheville, North Carolina, is the 78th FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $38.0 million.
Blue Ridge Savings Bank, Inc., Asheville, North Carolina, was closed today by the North Carolina ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, October 14th, 2011
Piedmont Community Bank, Gray, Georgia, is the 77th FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $71.6 million.
Piedmont Community Bank, Gray, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed ...
Posted in FDIC FAILED BANKS | No Comments »
