Archive for the ‘FDIC FAILED BANKS’ Category
Friday, October 7th, 2011
The RiverBank, Wyoming, Minnesota, is the 75th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $71.4 million.
The RiverBank, Wyoming, Minnesota, was closed today by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 30th, 2011
First International Bank, Plano, Texas, is the 74th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $53.8 million.
First International Bank, Plano, Texas, was closed today by the Texas Department of Banking, which appointed the ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 23rd, 2011
Citizens Bank of Northern California, Nevada City, California, is the 73rd FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $37.2 million.
Citizens Bank of Northern California, Nevada City, California, was closed today by the California ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 23rd, 2011
Bank of the Commonwealth, Norfolk, Virginia, became the 72nd FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $268.3 million.
Bank of the Commonwealth, Norfolk, Virginia, was closed today by the Virginia State Corporation Commission. The Federal ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 9th, 2011
The First National Bank of Florida, Milton, FL, is the 71st FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $46.9 million.
The First National Bank of Florida, Milton, Florida, was closed today by the Office of ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 2nd, 2011
CreekSide Bank, Woodstock, Georgia, is the 70th FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $27.3 million.
Georgia Commerce Bank, Atlanta, Georgia, acquired the banking operations, including all the deposits, of Patriot Bank of Georgia, Cumming, ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, September 2nd, 2011
Patriot Bank of Georgia, Cumming, Georgia, is the 69th FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $44.4 million.
Georgia Commerce Bank, Atlanta, Georgia, acquired the banking operations, including all the deposits, of Patriot Bank of ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, August 19th, 2011
First Choice Bank, Geneva, Illinois, is the 68th FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $31.0 million.
First Choice Bank, Geneva, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation—Division of ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, August 19th, 2011
First Southern National Bank, Statesboro, Georgia, becomes 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 $39.6 million.
First Southern National Bank, Statesboro, Georgia, was closed today by the Office of the Comptroller of the ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, August 19th, 2011
Lydian Private Bank, Palm Beach, Florida, is the 66th FDIC-insured institution to fail in the nation in 2011. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $293.2 million.
Lydian Private Bank, Palm Beach, Florida, was closed today by the Office of the Comptroller of the ...
Posted in FDIC FAILED BANKS | No Comments »
