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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 ...
Proficio Bank Cottonwood Heights: Utah: March 3, 2017 Cache Valley Bank 68.2 4 First NBC Bank New Orleans: Louisiana: April 28, 2017 Whitney Bank 4,740 5 Guaranty Bank (d/b/a BestBank in Georgia and Michigan) Milwaukee: Wisconsin: May 5, 2017 First-Citizens Bank & Trust Company 13,000 6 Fayette County Bank St. Elmo: Illinois May 26, 2017 United ...
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 ...
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 ...
The Federal Deposit Insurance Corp. says its roster of "problem" financial institutions grew to include 305 banks and thrifts in the first three months of this year, a 21 percent jump from the ...
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 ...
The bank was placed under receivership by the FDIC, which immediately established Signature Bridge Bank, N.A. to operate its marketed assets to bidders. [67] Signature Bank had been under multiple federal investigations, ongoing at the time of the bank's collapse, regarding the rigor of its anti-money laundering measures.
Banks are still unhealthy. If anyone doubted that, it was made official when The New York Times and other news outlets began reporting early this week that the Federal Deposit Insurance ...