Archive for the ‘FDIC FAILED BANKS’ Category
Friday, May 28th, 2010
Bank of Florida - Southeast, Ft. Lauderdale, FL was one of three Florida banks fed to EverBank, Jacksonville, Florida by the FDIC tonight, bringing the total number of banks closed to 76 on the year. The agency estimates that estimates that the cost to the Deposit Insurance Fund (DIF) for ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 21st, 2010
Pinehurst Bank, St. Paul, Minnesota, comes in at number 73 of the FDIC's most hated hurting banks of 2010. The agency slammed the doors on the ailing bank tonight at an estimated cost to the Deposit Insurance Fund (DIF) will be $6.0 million.
Pinehurst Bank, St. Paul, Minnesota, was closed today by the ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 14th, 2010
Midwest Bank and Trust Company, Elmwood Park, Illinoisis, the 72nd FDIC-insured institution to fail in the nation this year, at an estimated cost to the Deposit Insurance Fund (DIF) of $216.4 million.
Midwest Bank and Trust Company, Elmwood Park, Illinois, was closed today by the Illinois Department of Financial Professional Regulation ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 14th, 2010
Southwest Community Bank, Springfield, Missouri, was the 71st FDIC institution closed in 2010. The agency closed the ailing bank at an estimated cost of $29.0 million to it's Deposit Insurance Fund (DIF).
Southwest Community Bank, Springfield, Missouri, was closed today by the Missouri Division of Finance, which appointed the Federal Deposit Insurance ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 14th, 2010
New Liberty Bank, Plymouth, Michigan, became the 70th ailing bank to fail in 2010 after the FDIC closed it's doors tonight. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $25.0 million.
New Liberty Bank, Plymouth, Michigan, was closed today by the Michigan Office of Financial ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 14th, 2010
Satilla Community Bank, Saint Marys, Georgia, was number 69 on the FDIC hit list for the year. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $31.3 million.
Satilla Community Bank, Saint Marys, Georgia, was closed today by the Georgia Department of Banking and Finance, which ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 7th, 2010
1st Pacific Bank of California, San Diego, California, became the 68th bad bank shut down by the FDIC this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $87.7 million.
1st Pacific Bank of California, San Diego, California, was closed today by the California Department of ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 7th, 2010
Towne Bank of Arizona,Mesa, Arizona is the 67th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $41.8 million.
Towne Bank of Arizona, Mesa, Arizona, was closed today by the Arizona Department of Financial Institutions, which appointed ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 7th, 2010
Access Bank, Champlin, Minnesota, is the 66th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the hit to the Deposit Insurance Fund (DIF) will be $5.5 million.
Access Bank, Champlin, Minnesota, was closed today by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 7th, 2010
The Bank of Bonifay, Bonifay, Florida, makes it to number 65 on the FDIC's most hated list of 2010. The agency clamped down on the ailing institution at an estimated cost to the Deposit Insurance Fund (DIF) of $78.7 million.
The Bank of Bonifay, Bonifay, Florida, was closed today by the ...
Posted in FDIC FAILED BANKS | No Comments »
