Archive for the ‘FDIC FAILED BANKS’ Category
Friday, July 8th, 2011
First Chicago Bank & Trust, Chicago, Illinois, is the 49th FDIC-insured institution to fail in the nation this year. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $284.3 million.
First Chicago Bank & Trust, Chicago, Illinois, was closed today by the Illinois Department of Financial ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, June 24th, 2011
Mountain Heritage Bank, Clayton, Georgia, was closed tonight making it the 48th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $41.1 million.
Mountain Heritage Bank, Clayton, Georgia, was closed today by the Georgia Department of Banking ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, June 17th, 2011
First Commercial Bank of Tampa Bay, Tampa, Florida, was shuttered tonight making it the 47th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $28.5 million.
First Commercial Bank of Tampa Bay, Tampa, Florida, was closed today ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, June 17th, 2011
McIntosh State Bank, Jackson, Georgia, makes it number 46 on the year for FDIC beat down banks. The agency served up the scraps to Hamilton State Bank, Hoschton, Georgia. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $80.0 million.
McIntosh State Bank, Jackson, Georgia, was ...
Posted in FDIC FAILED BANKS | No Comments »
Saturday, June 4th, 2011
Atlantic Bank and Trust, Charleston, South Carolina, became the 45th FDIC-insured institution to fail in the nation this year. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $36.4 million.
Atlantic Bank and Trust, Charleston, South Carolina, was closed today by the Office of Thrift Supervision, ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 27th, 2011
First Heritage Bank, Snohomish, Washington, became the 44th FDIC-insured institution to fail in the nation this year, at an estimated that the cost to the Deposit Insurance Fund (DIF) of $34.9 million.
First Heritage Bank, Snohomish, Washington, was closed today by the Washington State Department of Financial Institutions, ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 20th, 2011
Summit Bank, Burlington, Washington, is the 43rd FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $15.7 million.
Summit Bank, Burlington, Washington, was closed today by the Washington State Department of Financial Institutions, which appointed the Federal ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 20th, 2011
First Georgia Banking Company, Franklin, Georgia, became the the 42nd FDIC insured bad bank shuttered this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) for First Georgia Banking Company, will be $156.5 million.
CertusBank, National Association, Easley, South Carolina, acquired the banking operations, including all the ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 20th, 2011
Atlantic Southern Bank, Macon, Georgia, became the 41st causality of the banking crisis this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) for Atlantic Southern Bank will be $273.5 million.
CertusBank, National Association, Easley, South Carolina, acquired the banking operations, including all the deposits, of ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, May 6th, 2011
Coastal Bank, Cocoa Beach, Florida, became the 40th ailing bank to be closed in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $13.4 million.
Coastal Bank, Cocoa Beach, Florida, was closed today by the Office of Thrift Supervision, which appointed the Federal Deposit Insurance ...
Posted in FDIC FAILED BANKS | No Comments »
