Archive for the ‘FDIC FAILED BANKS’ Category

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 ...

All American Bank, Des Plaines, IL

Sunday, October 30th, 2011

All American Bank, Des Plaines, IL, is the 85th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $6.5 million. All American Bank, Des Plaines, Illinois, was closed today by the Illinois Department of Financial and ...

Community Capital Bank, Jonesboro, Georgia

Sunday, October 23rd, 2011

Community Capital Bank, Jonesboro, Georgia, is the 83rd FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $62.0 million. Community Capital Bank, Jonesboro, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed ...

Decatur First Bank, Decatur, Georgia

Sunday, October 23rd, 2011

Decatur First Bank, Decatur, Georgia, is the 82nd FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $32.6 million. Decatur First Bank, Decatur, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed ...

Old Harbor Bank, Clearwater, Florida

Sunday, October 23rd, 2011

Old Harbor Bank, Clearwater, Florida, is the 81st FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $39.3 million. Old Harbor Bank, Clearwater, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the ...

Country Bank, Aledo, Illinois

Friday, October 14th, 2011

Country Bank, Aledo, Illinois, is the 80th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $66.3 million. Country Bank, Aledo, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation – Division of ...

First State Bank, Cranford, New Jersey

Friday, October 14th, 2011

First State Bank, Cranford, New Jersey, is the 79th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $45.8 million. First State Bank, Cranford, New Jersey, was closed today by the New Jersey Department of Banking and ...