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Blog Source: economy-finance.com
The Northfork, West Virginia bank had total assets of $115 million and total deposits of $102 million, according to a statement on the Federal Deposit Insurance Corporation Web site. The FDIC was named receiver and announced that it ...
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Blog Source: www.boom2bust.com
Ameribank’s West Virginia deposits have been transferred to Pioneer Community Bank, and Ameribank’s five West Virginia branches will reopen Monday as Pioneer branches, according to the FDIC. As of June 30, Ameribank had $115 million in ...
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Blog Source: www.biggerpockets.com
The FDIC entered into purchase and assumption agreements with Pioneer Community Bank, Inc., Iaeger, West Virginia, and The Citizens Savings Bank, Martins Ferry, Ohio to take over all of the deposits and certain assets of Ameribank, ...
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Blog Source: bankimplode.com
The Federal Deposit Insurance Corp said the Northfork, West Virginia-based bank had $115 million in assets and $102 million in deposits as of June 30. The failure is expected to cost the US bank deposit insurance fund about $42 million. ...
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Blog Source: calculatedrisk.blogspot.com
From the FDIC: Failed Bank Information for Ameribank, Inc., Northfork, WV Ameribank, Inc., was closed today by the Office of the Thrift Supervision and the Federal Deposit Insurance Corporation (FDIC) was named receiver. ...
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Blog Source: condovultures.featuredblog.com
Va., will assume all of Ameribank’s five West Virginia locations along with the accompanying deposits and some assets. The Citizens Savings Bank, a 106-year-old institution with assets of $426 million in Martins Ferry, Ohio, ...
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Blog Source: robwire.com
On September 19, 2008, Ameribank, Inc., Northfork, WV was closed by the Office of Thrift Supervision. Subsequently the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a ...
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Blog Source: www.creditwritedowns.com
Source Pioneer Community Bank, Inc., and the Citizens Savings Bank Acquire All Deposits of Ameribank, Inc., Northfork, West Virginia, FDIC Press Release Related posts Silver State Bankruptcy: Another FDIC Friday Night Special ...