News tagged with “banks failures”. Found:
25 tagged news reports.
Your Search Returned 25 tagged news reports
A STATE OF FAILURE: Florida 4th in nation in bank closures; trend expected to continue in 2010
Sarasota :: FL :: USA | 1 day ago
Credibility
Bank failures so far this year have reached 124 — the most in 17 years. And the latest closures — Century Bank FSB of Sarasota, Naples-based Orion Bank and Commerce Bank of Southwest Florida in Fort Myers — put Florida at fourth in the nation for bank...
Tags: Southwest Florida, banks failures, FDIC, Community Bank of Manatee, Sarasota, Century Bank FSB, Orion Bank, Bank failure, Bradenton Florida, Deposit insurance, Corus Bankshares, Depositors Insurance Fund, Banking, Federal Deposit Insurance Corporation, Problem bank list, Business Finance
In bank failures, opportunity, too
Sarasota :: FL :: USA | 2 days ago
Credibility Search our updated online database of Bauer bank ratings for institutions in Florida at heraldtribune.com/bankratings. Instead of cashing in on the Sunshine State's traditional engines of population and economic growth, healthy lenders are feasting on...
Tags: Southwest Florida, Fourteen Florida, Sarasota-Manatee, IberiaBank of Lafayette, Century Bank of Sarasota, florida banks, banks failures, Daryl Byrd, Sarasota, Bradenton Florida, bank failures in the United States, Banking, Bank, Sarasota Florida, Business Finance
Prosperan purchase is model of successful bank failure
Oakdale :: MN :: USA | 9 days ago
Credibility On a Friday afternoon nine days ago, David Latta paced the lobby of the Best Western hotel in Oakdale, waiting for a telephone call from a federal official just two blocks away. When the call finally came at 6:10 p.m., Latta walked straight to a bank...
Tags: FDIC, Alerus, Prosperan Bank of Oakdale, David Latta, banks failures, Randy Newman, real estate, commercial real, Oakdale, Washington Mutual, Savings and loan association, Bank, Alerus Financial, GMAC, Financial institutions, Federal Deposit Insurance Corporation, IndyMac Federal Bank, Business Finance
Big California bank fails, has China branches
New York :: NY :: USA | 17 days ago
Credibility United Commercial Bank, a big San Francisco bank with branches in China, was closed by state regulators on Friday and its banking operations were acquired by East West Bancorp Inc, also active in both nations. East West said the transaction made it the...
Tags: Georgia, Gateway Bank of St., Kansas City, small banks, banks failures, Michigan, United Security Bank, Federal Deposit Insurance Corp., security banks, California
Bill in works to let U.S. dissolve failing firms
Washington :: DC :: USA | 28 days ago
Credibility House Democrats and the Obama administration are preparing to introduce major legislation aimed at eliminating the devil's choice the government faced last fall, when officials felt forced to decide between spending billions of dollars to rescue some...
Tags: credit card, Barack Obama, Senate Banking Committee, banks failures, U.S, Christopher Dodd, obama administration, Congress, existing balances, financial firms
Regulators close bank that espoused workplace prayer
Washington :: DC :: USA | about 1 month ago
Credibility Riverview Community Bank, an Otsego firm that attracted national media attention several years ago for openly espousing prayer in the workplace, has been shut down by state regulators. The six-year-old bank, which has $108 million in assets and branches...
Tags: Partners Bank of Naples, banks failures, Naples' Partners Bank, partners banks, Florida Highway Patrol, 100th banks, deposits insurance, U.S, federal deposits, Office of Thrift Supervision
Regulators close San Joaquin Bank in California
Bakersfield :: CA :: USA | about 1 month ago
Credibility California bank regulators closed San Joaquin Bank of Bakersfield, Calif., the latest U.S. bank to fail this year. The Federal Deposit Insurance Corp, which was named receiver, said San Joaquin had $775 million in assets and $631 million in deposits....
Tags: Southern California, San Joaquin Bank, joaquin banks, banks failures, deposit insured, Federal Deposit Insurance Corp., federally deposit, Bakersfield, regulators close, insured corp
Banks mostly OK with FDIC plan
Washington :: DC :: USA | about 1 month ago
Credibility The Federal Deposit Insurance Corp. wants banks to prepay three years of premiums to replenish reserves dented by a rash of bank failures that the agency said will cost $100 billion through 2013. The insurance fund will run a deficit as of Thursday, after...
Tags: FDIC, insurance fund, Federal Deposit Insurance Corp., banks failures, required banks
Irwin Union Bank seized by regulators
Columbus :: OH :: USA | 2 months ago
Credibility Columbus was seized by Indiana bank regulators at 5 p.m. today and sold to First Financial Bank NA of Hamilton, Ohio. It is the first bank failure in Indiana in the current recession and the first bank failure in the state in more than a decade. Irwin...
Tags: union banks, Irwin Union Bank FSB, First Financial Bank, Irwin Financial Corporation, financial banks, Irwin Financial Corp., Joseph Ireland Irwin, Columbus, Indiana, banks failures
Md. thrift seized
Bradford :: United Kingdom | 2 months ago
Credibility Federal regulators seized Bradford Bank of Towson late Friday after the financial institution failed to find a buyer, making it the second bank in Maryland to fall victim to bad loans amid the collapse of the real estate market. M&T Bank , which recently...
Tags: Bradford Bank of Towson, bradford banks, deposit insured, Maryland, Federal Deposit Insurance Corp., insured corp, banks failures, M&T Bank, Baltimore, federal regulators
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