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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 ...
Hillcrest Bank Overland Park: Kansas: 2010 $1.6 billion $2.2 billion Advanta Bank Corp. Draper: Utah: 2010 $1.6 billion $2.2 billion CF Bancorp Port Huron: Michigan: 2010 $1.6 billion $2.2 billion Mutual Bank Harvey: Illinois: 2009 $1.6 billion $2.3 billion Hamilton Bank Miami: Florida: 2002 $1.3 billion $2.2 billion Community Bank of Nevada ...
On average, between 1980 and 1994, a US bank failed every three days. The pace of bankruptcies peaked immediately after the 2008 financial crisis. [1] The 2007–2008 financial crisis led to many bank failures in the United States. The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012. [2]
The largest bank in the United States by assets is JPMorgan Chase & Co., the company formed in 2000 with the merger of investment banking institution J.P. Morgan and retail banking arm Chase Bank.
According to research from Self Financial, based on commercial banking data from the Federal Deposit Insurance Corporation, if current trends continue, physical banks in the U.S. could be extinct ...
The FDIC currently acts as a backstop for money held by customers at thousands of US banks, insuring those deposits up to a level of $250,000 per account. ... said in a proposal last April that ...
The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
Oklahoma Treasurer Todd Russ added global bank Barclays to his list of financial firms thought to be discriminating against the oil and gas industry just weeks after it led the sale of $230 ...