Archive for October, 2011

Sun Security Bank, Ellington, Missouri

Friday, October 7th, 2011

Sun Security Bank, Ellington, Missouri, is the 76th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $118.3 million. Sun Security Bank, Ellington, Missouri, was closed today by the Missouri Division of Finance, which appointed the Federal ...

The RiverBank, Wyoming, Minnesota

Friday, October 7th, 2011

The RiverBank, Wyoming, Minnesota, is the 75th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $71.4 million. The RiverBank, Wyoming, Minnesota, was closed today by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance ...