Archive for the ‘FDIC FAILED BANKS’ Category
Friday, February 19th, 2010
La Jolla Bank, FSB, La Jolla, California, is the 20th FDIC-insured institution to fail in the nation this year, at a whopping estimated cost of $882.3 million to the Deposit Insurance Fund (DIF).
La Jolla Bank, FSB, La Jolla, California, was closed today by the Office of Thrift Supervision, which appointed ...
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Friday, February 19th, 2010
George Washington Savings Bank, is the 19th FDIC-insured institution to fail in the nation this year, at an estimated cost of $141.4 million to the Deposit Insurance Fund (DIF).
George Washington Savings Bank, Orland Park, Illinois, was closed today by the Illinois Department of Financial Professional Regulation – Division of Banking, ...
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Friday, February 19th, 2010
La Coste National Bank, La Coste, Texas, becomes the 18 FDIC insured bank shattered by the agency in 2010. the cost to the agencies Insurance Defense Fund (DIF) is estimated to be a relatively modest $3.7 million.
The La Coste National Bank, La Coste, Texas, was closed today by the Office ...
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Friday, February 19th, 2010
Marco Community Bank, Marco Island, Florida, becomes the 17th FDIC insured institution to go belly up in the nation in 2010. The FDIC estimates that a hit to its deposit insurance fund (DIF) well-be $38.1 million.
Marco Community Bank, Marco Island, Florida, was closed today by the Florida Office of ...
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Friday, February 5th, 2010
1st American State Bank of Minnesota, Hancock, Minnesota is the 16th FDIC-insured institution to fail in the nation this year, at an estimated cost to the Deposit Insurance Fund (DIF) will be $3.1 million.
1st American State Bank of Minnesota, Hancock, Minnesota was closed today by the Minnesota Department of Commerce, ...
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Friday, January 29th, 2010
American Marine Bank, Bainbridge Island, Washington, is the 15th FDIC-insured institution to fail in the nation this year. The FDIC closed the ailing bank at an estimated cost of $58.9 million to the Deposit Insurance Fund (DIF).
American Marine Bank, Bainbridge Island, Washington, was closed today by the Washington Department of ...
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Friday, January 29th, 2010
First Regional Bank, Los Angeles, California becomes FDIC victim number 14 of the new year already.
First Regional Bank, Los Angeles, California, was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a ...
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Friday, January 29th, 2010
Community Bank and Trust, Cornelia, Georgia, becomes unlucky number 13 of the new year.
Community Bank and Trust, Cornelia, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase ...
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Friday, January 29th, 2010
Marshall Bank, National Association, Hallock, Minnesota, becomes the 12th FDIC insured institution to close in 2010.
Marshall Bank, National Association, Hallock, Minnesota, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered ...
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Friday, January 29th, 2010
Florida Community Bank, Immokalee, Florida, is the 11th FDIC victim of 2010. The agency estimates that the cost to its deposit insurance fund (DIF) will be $352.6 million.
Florida Community Bank, Immokalee, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation ...
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