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Bankrate’s list of all the failed banks in every U.S. state from 2009 to 2024. ... Citizens Bank, Sac City, Iowa. 11/03/2023. Heartland Tri-State Bank, Elkhart, Kansas ... Westside Community ...
Farmers and Traders State Bank Shabbona Illinois June 8, 2012: First State Bank 43.1 28 Waccamaw Bank Whiteville North Carolina June 8, 2012: First Community Bank: 533.1 29 Putnam State Bank Palatka Florida June 15, 2012: Harbor Community Bank 169.5 30 Security Exchange Bank Marietta Georgia June 15, 2012: Fidelity Bank 151.0 31
Hamilton Bank Miami: Florida: 2002 $1.3 billion $2.2 billion Community Bank of Nevada Las Vegas: Nevada: 2009 $1.5 billion $2.1 billion First Bank of Beverly Hills Calabasas: California: 2009 $1.5 billion $2.1 billion Temecula Valley Bank Temecula: California: 2009 $1.5 billion $2.1 billion New South Federal Savings Bank Irondale: Alabama: 2009 ...
In American finance, the FDIC problem bank list is a confidential list created and maintained by the Federal Deposit Insurance Corporation which lists banks that are in jeopardy of failing. [1] The list is closely monitored, and if problems continue with a listed bank, the FDIC takes control of the bank; it may then sell the problem bank to a ...
Even so, new figures from the Federal Deposit Insurance Corp.'s so-called secret list of troubled banks show an industry in increasing distress. The number of banks on the regulator's confidential ...
Troubled banks had the worst quarter since 1994, when the savings and loan debacle was coming to an end. The number of banks currently in trouble jumped to 252 from 171 the previous quarter. Even ...
The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America.
The number of U.S. banks considered "troubled" has reached a level not seen since the savings and loan crisis of the early 1990s, the Federal Deposit Insurance Corp. announced Tuesday, even as the ...