Archive for November, 2011

BCT Federal Credit Union of Binghamton, N.Y.

Wednesday, November 30th, 2011

BCT Federal Credit Union of Binghamton, N.Y., has been liquidated by the National Credit Union Administration (NCUA) for insolvency. The National Credit Union Administration (NCUA) liquidated BCT Federal Credit Union of Binghamton, N.Y., today. Visions Federal Credit Union of Endicott, N.Y., immediately assumed BCT Federal Credit Union’s assets, liabilities, and member ...

Central Progressive Bank, Lacombe, Louisiana

Saturday, November 19th, 2011

Central Progressive Bank, Lacombe, Louisiana, is the 90th FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $58.1 million. Central Progressive Bank, Lacombe, Louisiana, was closed today by the Louisiana Office of Financial Institutions, which appointed the ...

Polk County Bank, Johnston, Iowa

Saturday, November 19th, 2011

Polk County Bank, Johnston, Iowa, is the 89th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $12.0 million. Polk County Bank, Johnston, Iowa, was closed today by the Iowa Division of Banking, which appointed the Federal ...

Community Bank of Rockmart, Rockmart, Georgia

Friday, November 11th, 2011

Community Bank of Rockmart, Rockmart, Georgia, is the 88th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $14.5 million. Community Bank of Rockmart, Rockmart, Georgia, was closed today by the Georgia Department of Banking and Finance, which ...

SunFirst Bank, Saint George, Utah

Sunday, November 6th, 2011

SunFirst Bank, Saint George, Utah, is the 87th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $49.7 million. SunFirst Bank, Saint George, Utah, was closed today by the Utah Department of Financial Institutions, which appointed the ...

Mid City Bank, Inc., Omaha, Nebraska

Sunday, November 6th, 2011

Mid City Bank, Inc., Omaha, Nebraska, is the 86th FDIC-insured institution to fail in the nation in 2011. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $12.7 million. Mid City Bank, Inc., Omaha, Nebraska, was closed today by the Nebraska Department of Banking and ...