Federal Deposit Insurance Corporation

State regulators shutter Commerce Bank of Southwest Florida. Closure will cost the FDIC $23.6 million. Paste this link into your favorite RSS desktop reader By Hibah Yousuf, CNNMoney.com staff reporter Last Updated: November 20, 2009:...

In this article: FDIC, Customer, Central Bank, Cnnmoney.com, Nasdaq, Fort Myers, Fla., and Stillwater, Minn

...of the overall economy. Commerce Bank had assets of $79.7 million and total deposits of about $76.7 million, the FDIC said. The FDIC and Central Bank entered into a loss-share transaction on about $61 million of Commerce Bank's assets

In this article: FDIC, Central Bank, Florida, U.S. Treasury Department, Fort Myers, Florida, and Minnesota

By Joe Rauch Unemployed U.S. bank executives, eager to get back into the business, are raising pools of private capital for a potential wave of bids for failed U.S. banks, FBR Capital Markets leading analyst said on Wednesday. Former...

In this article: FDIC, Goldman Sachs Group Inc, United States, Kerry Killinger, and Washington Mutual

...Corp., the bank regulator, has gotten into the real estate business big time this year. Bloomberg News reports this morning that the FDIC has sold the most real estate this year since 1994 as it takes over properties on the books of...

In this article: FDIC, Freddie Mac, Fannie Mae, Urban Institute, Center for Economic and Policy Research, Dean Baker, Los Angeles Times, and Washington

...and special deals sent to your cell phone. Sign up here. Banks will have to prepay insurance fees Early payments to help replenish FDIC fund. WASHINGTON - U.S. banks will prepay about $45 billion in premiums to replenish a federal...

In this article: FDIC, Treasury Department, Augusta, and Wall Street

...peak until next year. The FDIC's board voted Thursday to require banks to pay at the end of this year the amount they would owe the FDIC over the next three years. The agency collects insurance premiums from all banks, which it uses to...

In this article: FDIC and U.S.

...banks, limiting the industry's ability to make new loans. Some members of Congress urged the FDIC to borrow money from Treasury instead. The FDIC chose a third approach. The money it is collecting from banks is legally a prepayment of the...

In this article: FDIC

* U.S. banks to prepay 3 years of fees totaling $45 bln * Prepayment to give needed funds for bank failure costs * FDIC to consider exemptions for some banks (Adds Bair comment, details of proposal) U.S. banks will prepay three years...

In this article: FDIC, Treasury Department, and U.S.

...$45 billion in cash upfront but not have to book the expense until the assessments came regularly due over the three years. Likewise, the FDIC would not be able to use the money to bring up the balance of the insurance fund that safeguards...

In this article: FDIC, Treasury Department, and U.S.

...to complete background checks for contractors hired to help with its mounting workload of failed banks, the agency watchdog has found. The FDIC inspector general's office noted the lapses and some instances of insufficient documentation...

In this article: FDIC, Receivership, Treasury Department, and Washington