Archive for the ‘FDIC FAILED BANKS’ Category
Friday, July 30th, 2010
LibertyBank, Eugene, Oregon, becomes the 108th FDIC causality of 2010 at an estimated cost to the Deposit Insurance Fund (DIF) of $115.3 million.
LibertyBank, Eugene, Oregon, was closed today by the Oregon Division of Finance and Corporate Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the ...
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Friday, July 30th, 2010
The Cowlitz Bank, Longview, Washington, becomes the 107th FDIC causality of 2010 at an estimated cost to the Deposit Insurance Fund (DIF) of $68.9 million.
The Cowlitz Bank, Longview, Washington, was closed today by the Washington Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To ...
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Friday, July 30th, 2010
Coastal Community Bank, Panama City Beach, Florida, was one of two banks shut down by the FDIC to bring the total closed nation wide this year to 106. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $94.5 million for Coastal Community Bank.
Bayside Savings Bank, ...
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Friday, July 30th, 2010
Bayside Savings Bank, Port Saint Joe, Florida, was one of two banks shut down by the FDIC to bring the total closed nation wide this year to 106. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $16.2 million for Bayside Savings Bank and $94.5 ...
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Friday, July 30th, 2010
NorthWest Bank and Trust, Acworth, Georgia, becomes number 104 on the FDIC's hit list of 2010. The ailing bank was shuttered at an estimated cost to the Deposit Insurance Fund (DIF) of $37.1 million.
NorthWest Bank and Trust, Acworth, Georgia, was closed today by the Georgia Department of Banking and Finance, ...
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Friday, July 23rd, 2010
Home Valley Bank, Cave Junction, Oregon, was the 103rd FDIC bank shut down this year.The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $37.1 million.
Home Valley Bank, Cave Junction, Oregon, was closed today by the Oregon Department of Consumer and Business Services, which appointed the ...
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Friday, July 23rd, 2010
SouthwestUSA Bank, Las Vegas, Nevada, was the 102nd bank shut down by the FDIC this year.The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $74.1 million.
SouthwestUSA Bank, Las Vegas, Nevada, was closed today by the Nevada Financial Institutions Division, which appointed the Federal Deposit Insurance ...
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Friday, July 23rd, 2010
Community Security Bank, New Prague, Minnesota, was the 101st FDIC bank beat down this year.The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $18.6 million.
Community Security Bank, New Prague, Minnesota, was closed today by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance ...
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Friday, July 23rd, 2010
Thunder Bank, Sylvan Grove, Kansas, was shut down by the FDIC, making it the 100th bank to be shuttered nationwide this year. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $4.5 million.
Thunder Bank, Sylvan Grove, Kansas, was closed today by the Kansas Office ...
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Friday, July 23rd, 2010
Williamsburg First National Bank, Kingstree, South Carolina, was shut down and igiven up to the FDIC making it the 99th FDIC-insured institution to fail in the nation this year. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $8.8 million.
Williamsburg First National Bank, Kingstree, South ...
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