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Content: bank failures

Related Tags: Fdic, Banks, Cds, Deposit insurance, Certificates of deposit, Financial crisis, Interest rates, Recession, Cd rates, Certificate of deposit, Banking, Savings accounts, Bank closures, Ncua, Banking industry, Economy, Personal finance, Credit unions, Deposits, Failed bank assets, Deposit insurance fund, Certficate of deposit, Bank runs, Savings, Bank failure average.



1

FDIC Raises Estimate of Bank Bailout and Taps Banks to Bolster Reserves
Submitted by Sam Cass  (bestcashcow.com)

The FDIC announced two significant things today: it estimates that the cost of bank failures would rise to $100 billion over the next four years, and that it was going to pre-assess banks today for...

Article | Sep 29, 2009 | Views: 49 | Comments: 0
Tags: fdic, bank failures, deposit insurance fund

1

Irwin Union Banks Closed by Regulators, First Financial Bank Assumes All Deposits
Submitted by ktexas  (bankdeals.blogspot.com)

The two banking subsidiaries of Irwin Financial Corporation were closed today by regulators. Both of the subsidiaries had separate FDIC charters so this technically counts as two failed banks which...

Article | Sep 18, 2009 | Views: 102 | Comments: 0 
Tags: interest rates, cd rates, banks, fdic, certificate of deposit, bank failures, irwin union bank

2

Inspector General Says Fed Failed to Curb Bad Lending Practices that Led to Bank Closures
Submitted by Sam Cass  (bestcashcow.com)

A new report from the US Inspector General says that the Fed failed to adequately supervise two banks in California and Florida that eventually failed.

Article | Sep 12, 2009 | Views: 105 | Comments: 0
Tags: bank failures, riverside bank, county bank

2

Corus Bank, Venture Bank and a Small Minnesota Bank Fail
Submitted by ktexas  (bankdeals.blogspot.com)

After months of news on Corus Bank's financial troubles, Corus Bank was finally closed today. Venture Bank in Washington State was also closed. Both of these banks had been offering online...

Article | Sep 11, 2009 | Views: 149 | Comments: 1 
Tags: banks, fdic, bank failures, corus bank, venture bank

2

Five Banks Fail, FDIC Couldn't Find a Buyer for One
Submitted by ktexas  (bankdeals.blogspot.com)

Five banks failed on Friday bringing the yearly total of failed banks to 89. Four of the five were typical closures in which the FDIC was able to find buyers which assumed all deposits, even...

Article | Sep 5, 2009 | Views: 90 | Comments: 0 
Tags: banks, fdic, bank failures, deposit insurance

2

Causes of Guaranty Bank's Problems and an Unofficial Bank Problem List
Submitted by ktexas  (bankdeals.blogspot.com)

The FDIC hasn't been doing a good job at keeping secret pending closures of large banks. Before Colonial Bank was closed last week, news reports of the pending closure and takeover by BB&T were...

Article | Aug 21, 2009 | Views: 146 | Comments: 0 
Tags: interest rates, cd rates, banks, fdic, bank failures, bank closures, bbt, deposit insurance, guaranty bank, colonial bank, bbva

2

More Friday Bank Closures - What Depositors Might Lose
Submitted by ktexas  (bankdeals.blogspot.com)

Two small Florida banks and one Oregon bank were closed today by regulators. That makes a total of 72 bank failures this year. These closures were similar to most of this year's closures. The FDIC...

Article | Aug 7, 2009 | Views: 69 | Comments: 0 
Tags: banks, fdic, certificate of deposit, interest rate, bank failures, deposits

1

Five Banks Close Including Mutual Bank - 69 Bank Failures So Far This Year
Submitted by ktexas  (bankdeals.blogspot.com)

This was another busy Friday for the FDIC with five bank failures. As has been common this year, the FDIC arranged for other banks to acquire the failed banks and to assume all deposits even those...

Article | Jul 31, 2009 | Views: 103 | Comments: 0 
Tags: cd rates, banks, certificates of deposit, cds, fdic, bank failures, financial crisis

1

One New York Bank and Six Georgia Banks Are Closed by Regulators
Submitted by ktexas  (bankdeals.blogspot.com)

Seven banks failed today. The small New York bank, Waterford Village Bank, was the first New York State bank to fail since 2004. The other six banks were in Georgia. This makes a total of 16 banks...

Article | Jul 24, 2009 | Views: 63 | Comments: 0 
Tags: interest rates, banks, cds, fdic, bank failures, financial crisis

1

Four Banks Fail Including Vineyard Bank and Temucula Valley Bank in California
Submitted by ktexas  (bankdeals.blogspot.com)

It was another busy Friday for the FDIC with four bank closures: one in Georgia, one in South Dakota and two banks in California. The Georgia and South Dakota banks were little-known, small banks....

Article | Jul 17, 2009 | Views: 97 | Comments: 0 
Tags: interest rates, banking, banks, fdic, recession, bank failures, financial crisis

1

More Bank Failures Today - What's Different From Previous Years?
Submitted by ktexas  (bankdeals.blogspot.com)

June had been a quiet month for bank closures. Before today there had been just one closure in Illinois. It picked up today with three more failures.

Article | Jun 19, 2009 | Views: 99 | Comments: 0 
Tags: banks, certificates of deposit, fdic, risk, bank failures, deposit insurance

1

Where were regulators when banks were failing?
Submitted by ktexas  (www.usatoday.com)

The inspectors general at the U.S. Treasury and the Federal Deposit Insurance Corp. (FDIC) have both issued reports saying that bank failures surged because regulators in some cases didn't step in...

Article | Jun 15, 2009 | Views: 71 | Comments: 0 
Tags: economy, banks, credit crunch, fdic, recession, bank failures, ots, occ

1

FDIC orders changes at five California banks
Submitted by ktexas  (www.latimes.com)

Yesterday was one of the rare Fridays this year in which we didn't have a bank failure. However, the FDIC did release its list of April cease-and-desist orders. This LA Times article has a good...

Article | May 30, 2009 | Views: 120 | Comments: 0 
Tags: economy, banks, fdic, recession, bank failures, bank closures, financial crisis, troubled banks



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