Results 1 to 2 of 2

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

  1. #1
    Senior Member JohnDoe2's Avatar
    Join Date
    Aug 2008
    Location
    PARADISE (San Diego)
    Posts
    98,927

    Bank Failures in Brief 2017

    Bank Failures in Brief

    2017

    There have been 5 bank failures in 2017. The list of Bank Failures in Brief is updated through May 5, 2017, the date of the last bank closing. Please address questions on this subject to the Customer Service Hotline (Telephone: 1-888-206-4662).

    May



    • Guaranty Bank, Milwaukee, WI, (d/b/a BestBank in Georgia & Michigan) with approximately $1.0 billion in total assets and $1.0 billion in total deposits was closed. First-Citizens Bank & Trust Company has agreed to assume all deposits.


    April


    • First NBC Bank, New Orleans, LA with approximately $4.74 billion in total assets and $3.54 billion in total deposits was closed. Whitney Bank has agreed to assume the transactional deposits (approximately $1.6 billion), and to purchase approximately $1 billion of the failed bank's assets. The FDIC mailed checks for the time deposits (CDs and IRAs) and retained the remaining assets for later disposition.


    March


    • Proficio Bank, Cottonwood Heights, UT with approximately $68.2 million in total assets and $65.0 million in total deposits was closed. Cache Valley Bank has agreed to assume all deposits.


    January


    • Seaway Bank and Trust Company, Chicago, IL with approximately $361.2 million in total assets and $307.1 million in total deposits was closed. State Bank of Texas has agreed to assume all deposits.

    • Harvest Community Bank, Pennsville, NJ with approximately $126.4 million in total assets and $123.8 million in total deposits was closed. First-Citizens Bank & Trust Company has agreed to assume all deposits.


    https://www.fdic.gov/bank/historical/bank/


    Last Updated 05/05/2017

    cservicefdicdal@fdic.gov

    NO AMNESTY

    Don't reward the criminal actions of millions of illegal aliens by giving them citizenship.


    Sign in and post comments here.

    Please support our fight against illegal immigration by joining ALIPAC's email alerts here https://eepurl.com/cktGTn

  2. #2
    Senior Member JohnDoe2's Avatar
    Join Date
    Aug 2008
    Location
    PARADISE (San Diego)
    Posts
    98,927
    NO AMNESTY

    Don't reward the criminal actions of millions of illegal aliens by giving them citizenship.


    Sign in and post comments here.

    Please support our fight against illegal immigration by joining ALIPAC's email alerts here https://eepurl.com/cktGTn

Similar Threads

  1. Bank failures hit 106 for year; many more are weak
    By AirborneSapper7 in forum Other Topics News and Issues
    Replies: 0
    Last Post: 10-24-2009, 08:20 PM
  2. Expect Many More Bank Failures Ahead
    By AirborneSapper7 in forum Other Topics News and Issues
    Replies: 0
    Last Post: 08-21-2009, 03:47 PM
  3. Bank Failures
    By FreedomFirst in forum Other Topics News and Issues
    Replies: 0
    Last Post: 02-28-2009, 06:07 AM
  4. FDIC gets ready for bank failures
    By AirborneSapper7 in forum Other Topics News and Issues
    Replies: 3
    Last Post: 08-25-2008, 11:57 PM
  5. Many more US bank failures likely after IndyMac
    By jp_48504 in forum Other Topics News and Issues
    Replies: 6
    Last Post: 07-15-2008, 02:45 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •