Articles matching 'bank-failure'
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CNN | 22 hours ago
FDIC announces 124th bank failure
...there through 2012. Over the next four years, the agency expects bank closures will cost $100 billion. The bank failure count for 2009 is still far from 1989's record high of 534...
In this article: FDIC, Customer, Central Bank, Cnnmoney.com, Nasdaq, Fort Myers, Fla., and Stillwater, Minn
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Reuters | 22 hours ago
UPDATE 1-Small Florida bank fails, brings year tally to 124
...to assume deposits * Commerce Bank had one branch, $79.7 million in assets The tally of U.S. bank failures reached 124 so far this year as regulators seized a small Florida...
In this article: FDIC, Central Bank, Florida, U.S. Treasury Department, Fort Myers, Florida, and Minnesota
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Minneapolis Star Tribune | 22 hours ago
Regulators shut Commerce Bank of Southwest Florida; marks 124th US bank failure this year
Last update: November 20, 2009 - 4:24 PM WASHINGTON - Florida banking regulators have shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to...
In this article: Central Bank, California, US, Leasing, Star Tribune, Federal Deposit Insurance Corp., and Fort Myers, Fla.
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washingtonpost.com | 22 hours ago
Regulators shut small Florida bank
WASHINGTON -- Florida banking regulators have shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan...
In this article: Florida, Central Bank, Federal Deposit Insurance Corp., Fort Myers, Fla., Stillwater, Minn, Washington, and U.S.
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MarketWatch | 3 days ago
Panel: Big bank-failure costs to be paid by banks
Nov. 17, 2009, 4:56 p.m. EST · Recommend · Post: Panel votes to limit taxpayer exposure in 'too-big-to-fail' bill Lawmakers expect to cap fund to dismantle a big failed bank at $200...
In this article: Federal Reserve banks, Gary Peters, Barney Frank, Brad Sherman, House Financial Services Committee, Christopher Dodd, and Wall Street
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Naples Daily News | 4 days ago
Bank failure: Orion's demise expected, says analyst, predicting more closures in Florida
The once-named Orion Bank dominates the horizon along the corner of Goodlette-Frank Road and Golden Gate Parkway in Naples. The bank, under the name Orion is now gone, closed by federal...
In this article: Florida, FDIC, and Dave Wannstedt
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MarketWatch | November 11, 2009
Jennifer Openshaw: If the next bank failure is yours are you ready?
NEW YORK (MarketWatch) -- If you've heard about all the bank failures -- 120 in total this year -- you've got to be wondering about the safety of your money. On Friday, another five...
In this article: FDIC, Bankruptcy, United Commercial Bank, San Francisco, NEW YORK, and MarketWatch
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National Public Radio | November 11, 2009
Bank Failure Leads To Largest Chinese-American Bank
Audio for this story from Morning Edition will be available at approx. 9:00 a.m. ET The failure of United Commercial Bank and its FDIC-brokered sale to Pasadena-based East-West Bank...
In this article: NPR, FDIC, United Commercial Bank, West Bank, and Pasadena
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MarketWatch | November 06, 2009
California bank failure to cost FDIC $1.4 billion
SAN FRANCISCO (MarketWatch) -- Five more banks, including a California-based institution that reportedly received federal bailout funds in 2008, were closed Friday by regulators,...
In this article: FDIC, United Commercial Bank, California, U.S., San Francisco, East West Bank, and Los Angeles Times
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Reuters | November 06, 2009
Four new closings put US bank failure list at 119
Bank regulators closed banks in Georgia, Michigan, Missouri and Minnesota on Friday, pushing the toll of U.S. bank failures this year to 119 as deteriorating loans continue to take their...
In this article: FDIC, U.S., Balance sheet, Recession, and Alerus Financial