Archive for the ‘FDIC FAILED BANKS’ Category
Friday, January 27th, 2012
BankEast, Knoxville, TN, is the seventh FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $75.6 million.
BankEast, Knoxville, Tennessee, was closed today by the Tennessee Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation ...
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Friday, January 27th, 2012
Patriot Bank Minnesota, Forest Lake, Minnesota, is the sixth FDIC-insured institution to fail in the nation in 2012. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $32.6 million.
Patriot Bank Minnesota, Forest Lake, Minnesota, was closed today by the Minnesota Department of Commerce, which appointed ...
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Friday, January 27th, 2012
Tennessee Commerce Bank, Franklin, Tennessee, is the fifth FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $416.8 million.
Tennessee Commerce Bank, Franklin, Tennessee, was closed today by the Tennessee Department of Financial Institutions, which appointed the ...
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Friday, January 27th, 2012
First Guaranty Bank and Trust Company of Jacksonville, Jacksonville, Florida, is the fourth FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $82.0 million.
First Guaranty Bank and Trust Company of Jacksonville, Jacksonville, Florida, was closed today ...
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Friday, January 20th, 2012
American Eagle Savings Bank, Boothwyn, PA, becomes the third bank of 2012 should be shattered by the FDIC. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $3.2 million.
American Eagle Savings Bank, Boothwyn, Pennsylvania, was closed today by the Office of the Comptroller of the Currency, ...
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Friday, January 20th, 2012
The First State Bank, Stockbridge, GA, is the second FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $216.2 million.
The First State Bank, Stockbridge, Georgia, was closed today by the Georgia Department of Banking and Finance, ...
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Friday, January 20th, 2012
Central Florida State Bank, Belleview, FL, has the dubious distinction of being the first bank in the nation to fail in 2012. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $24.4 million.
Central Florida State Bank, Belleview, Florida, was closed today by the Florida Office ...
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Friday, December 16th, 2011
Western National Bank, Phoenix, Arizona, is the 92nd FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $37.6 million.
Western National Bank, Phoenix, Arizona, was closed today by the Office of the Comptroller of the Currency, which ...
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Friday, December 16th, 2011
Premier Community Bank of the Emerald Coast, Crestview, Florida, becomes the 91st FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $31.2 million.
Premier Community Bank of the Emerald Coast, Crestview, Florida, was closed today by the ...
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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 ...
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