News tagged with “deposit insured”. Found:
35 tagged news reports.
Your Search Returned 35 tagged news reports
Velocity considers private deposit insurance
Dublin :: OH :: USA | 1 day ago
Credibility
Velocity Credit Union is asking its 75,000 members to decide on whether to drop the federal government's deposit insurance in favor of a private insurer. The credit union, one of the largest in Central Texas, is asking members to vote by Dec.
Tags: NCUA, deposit insured, ASI, ncua fund, private insured, Dublin, National Credit Union Share Insurance Fund, Independent agencies of the United States government, Deposit insurance, Business Finance, Financial institutions, American Share Insurance, Banking, National Credit Union Administration, Labor, Credit union
Commerce Bank of Southwest Florida seized, promptly sold
Stillwater :: OK :: USA | 14 days ago
Credibility The sole branch of Commerce Bank of Southwest Florida is set to reopen Monday as a branch of Central Bank. Central Bank, a small Minnesota-based institution, has recently been buying up failed institutions...The Federal Deposit Insurance Corp. was appointed...
Tags: commerce banking, Fort Myers' Commerce Bank, Southwest Florida, Florida Gulf Bank, central banking, deposit insured, Central Bank, Minnesota, Federal Deposit Insurance Corp., 124th banking, Stillwater, Washington Mutual, Federal Deposit Insurance Corporation, Bank failure, Colonial Bank, Business Finance, Bank, Federal Reserve System, Corus Bankshares, IndyMac Federal Bank, Financial institutions, Banking in the United States, GMAC, Call Report, Financial services, Industrial loan company, Deposit insurance, Savings and loan crisis, Banking, Lee County Florida, Charlotte County Florida, Florida
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
Mich. bank 96th to fail this year
Washington :: DC :: USA | 2 months ago
Credibility Regulators have shut down Warren Bank in Warren, Mich., the 96th U.S. bank failure this year as loan defaults rise in the worst financial climate in decades. The Federal Deposit Insurance Corp. took over Warren Bank, with about $538 million in assets...
Tags: Warren Bank in Warren, warren banks, Michigan, deposit insured, insured corp, U.S, Federal Deposit Insurance Corp., banks failure, Washington
Indiana's Irwin Union Bank shut down
Columbus :: OH :: USA | 2 months ago
Credibility State and federal regulators seized control of Indiana's Irwin Union Bank and Trust Co. after the bank failed to meet capital levels, banking officials say. The Indianapolis Star reported Saturday that Irwin Union Bank and Trust was shut down by the Federal...
Tags: union banks, Irwin Union Bank FSB, Indianapolis Star, Irwin Financial Corp, based irwin, First Financial Bank, Columbus, stock price, deposit insured, financial banks
Md. thrift seized
Bradford :: United Kingdom | 3 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
FDIC OKs rules easing bank buys by private equity
Washington :: DC :: USA | 3 months ago
Credibility Wednesday to require private-equity firms with no history of bank management to maintain a 10% capital-asset ratio and to submit to strong restrictions on lending to their affiliates. The rules also require private-equity firms that bid on banks to commit...
Tags: problem banks, U.S, deposit insured, American, insured fund, banks industry
Small thrift in Pennsylvania shut by regulators
Pittsburgh :: PA :: USA | 3 months ago
Credibility Regulators on Friday shut down Dwelling House Savings and Loan Association, a small bank in Pennsylvania, boosting to 73 the number of federally insured banks that have failed this year. More Business The Federal Deposit Insurance Corp. was appointed...
Tags: deposit insured, Florida, Federal Deposit Insurance Corp., federally deposit, insured corp, house savings, Pennsylvania, Pittsburgh
Regulators shut two Sarasota area banks
Prineville :: OR :: USA | 3 months ago
Credibility The federal agency transferred all deposit accounts to Stearns Bank of St...All the banks' 12 branches will reopen on Monday as branches of Stearns. The publicly traded First State Bank had $463 million of assets and deposits of $387 million...Community...
Tags: Florida Banks Fail, Fla, regulators close, national banks, banks failures, federally banks, Community First Bank, deposit insured, sarasota county, U.S
4 more banks fail
Jupiter :: FL :: USA | 4 months ago
Credibility Regulators shut down four regional banks Friday, the Federal Deposit Insurance Corporation said, bringing the total number of banks to fail in the United States to 68 this year...First State Bank of Altus, based in Altus, Okla., was shut down and Herring...
Tags: Ohio, deposit insured, federally deposit, Oklahoma, Federal Deposit Insurance Corp., insured corp, Fla, South Florida, Integrity Bank of Jupiter, integrity banks
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