News tagged with “federal deposit insurance corp”. Found:
88 tagged news reports.
Your Search Returned 88 tagged news reports
Commerce Bank of Southwest Florida seized, promptly sold
Stillwater :: OK :: USA | 2 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
Fed proposes rules for gift-card restrictions
Washington :: DC :: USA | 6 days ago
Credibility The Federal Reserve on Monday proposed new rules to protect consumers from unexpected costs or restrictions on gift cards. Under the proposed rule, consumers must have at least five years to use the gift cards before they expire. The Fed also said service...
Tags: gift cards, Federal Reserve Board, Federal Deposit Insurance Corp., fed proposed, proposed rules, unexpected costs, protection consumers, expire dates, limiting fees, proposed limiting, Washington, Electronic commerce, Marketing, Spam, Gift card, Federal Reserve System, Business Finance, Spamming, Payment systems, Cybercrime, Credit card, Overdraft, Issuing bank, Interchange fee, Debit card, Stored-value card, Credit cards, Personal finance, Exonumia, Breakage, Debit cards
Fights erupt over Dodd reform bill
Washington :: DC :: USA | 6 days ago
Credibility Senate Banking Committee Chairman Chris Dodd said he wanted to produce a “bold” and “sweeping” financial reform bill. In other words, he’s got a bill that’s going to tick everyone off. The 1,136-page draft measure the Connecticut Democrat unveiled last...
Tags: Federal Reserve, Federal Deposit Insurance Corp., Capitol Hill, Barney Frank, Washington, Christopher Dodd, Ben Bernanke, Bank, Federal Deposit Insurance Corporation, Federal Reserve Transparency Act, Subprime mortgage crisis, Federal Reserve System, Business Finance
Fed orders ouster of Orion Bank chairman
Washington :: DC :: USA | 9 days ago
Credibility Friday, November 13, 2009 at 5:37 p.m. Last Modified: Friday, November 13, 2009 at 5:37 p.m. The Federal Reserve this week ordered the Orion Bank board of directors to fire Jerry J. Williams, its chairman, president and chief executive officer. The...
Tags: Orion Bank, orion banks, feds orders, Federal Deposit Insurance Corp., based orion, Federal Reserve, Washington, Bank failure, Bank, Deposit insurance, Banking, Financial institutions, Federal Deposit Insurance Corporation, Business Finance, Orion, Federal Reserve System, FED, Undercapitalization
Mortgage applications at 9-year low
Washington :: DC :: USA | 10 days ago
Credibility Mortgage applications for home purchases fell to a nine-year low last week, despite a decrease in interest rates for 30-year, fixed-rate mortgages. The weekly survey was taken for the week ended Nov. 6, the same day that President Obama signed an extension...
Tags: Federal Deposit Insurance Corp., U.S, FDIC, banks prepay, Washington, Mortgage, Fixed rate mortgage, Refinancing, Business Finance, Bank, Federal Deposit Insurance Corporation, Banking, Bank failure, Mortgage-backed security, Federal Reserve System, Subprime crisis impact timeline, Federal takeover of Fannie Mae and Freddie Mac, Subprime mortgage crisis, Freddie Mac, Fannie Mae, Financial institutions, Deposit insurance, Loan modification in the United States, Federal Housing Administration, Mortgage bank, Government National Mortgage Association, Fixed income securities, Structured finance, Certificate of Deposit Account Registry Service, bank failures in the United States, Sheila C. Bair
Dodd circulates bill to strip Fed of regulation powers
Washington :: DC :: USA | 13 days ago
Credibility Dodd (D-Conn.) is circulating a bill that would strip the Federal Reserve and other federal agencies of their powers to regulate the banking industry, instead creating a new agency to do that job. The bill would effect the most sweeping changes to the...
Tags: Senate Banking Committee, senate banks, banks committee, obama administration, financial overhaul, Federal Reserve, committee chairman, Obama, Federal Deposit Insurance Corp, chairman chris
Big California bank fails, has China branches
New York :: NY :: USA | 16 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
Timothy Geithner: FED must be stripped of its AIG-like bailout powers
Would you like the hard earned taxpayer's money be put in a bottomless bowl in the name of bailing out a bleeding financial firm? The like that the US Federal Reserve put in the case of financial behemoths Bear Stearns and AIG? Or, Ctibank if you like....
Tags: Timothy Geithner, FED, strip, AIG-like, bailout powers, US Federal Reserve, AIG, Bear Stearns, Citibank, bottomless bowl, taxpayers, Obama, administration, financial behemoths, authority, Treasury department, failure, economy, creditors, shareholders, mediocrity, insurance fund, Federal Deposit Insurance Corp, myVox
Businessweek: Fla. insurer renews policy despite Chinese drywall
West Palm Beach :: FL :: USA | about 1 month ago
Credibility Florida's public insurance company reversed course this week and said it will cover a couple's Gulf Coast retirement home, after previously telling the homeowners their policy wouldn't be renewed because of the home's tainted Chinese drywall. Citizens...
Tags: Citizens Property Insurance Corp., Federal Deposit Insurance Corp., Southwest 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
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