Nov 6th, 2009 - Washington Post
WASHINGTON (Reuters) - Bank regulators closed Gateway Bank of St. Louis, in St. Louis, Missouri, and Prosperan Bank, of Oakdale, Minnesota, on Friday, the 118th and 119th U.S. bank to fail this year.
The Federal Deposit Insurance Corp said Gateway Bank of St Louis had $27.7 million in assets and $27.9 million in deposits. The bank's sole office will reopen on Saturday as a branch of Central Bank of Kansas City, Missouri, which assumed Gateway's assets.
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FDIC Takes Over 5 More Banks
Nov 6th, 2009 - CBS News
Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans. The Federal Deposit Insurance Corp...
Banks in Ga., Mich., Minn., Mo., Calif. closed
Nov 6th, 2009 - AOL News
CHARLOTTE, N.C -Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans.
Small banks in Ga., Mich., Minn., Mo. closed
Nov 6th, 2009 - AOL Money & Finance
CHARLOTTE, N.C -Regulators on Friday shut small banks in Georgia, Michigan, Minnesota and Missouri, bringing the number of bank failures this year to 119 amid the struggling economy and a cascade of defaults on loans.
Four new closings put US bank failure list at 119
Nov 6th, 2009 - Reuters
WASHINGTON, Nov 6 (Reuters) - Bank regulators closed banksin Georgia, Michigan, Missouri and Minnesota on Friday, pushingthe toll of U.S. bank failures this year to 119 asdeteriorating loans continue to take their toll on financial institutions.
Maine bank regulators warn consumers about scam
Oct 29th, 2009 - ajc
AUGUSTA, Maine — Maine and federal banking regulators are warning consumers about a "phishing" scam in which fraudulent e-mails are circulating around the state.
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- Dodd Said to Propose Removing...Nov. 10 (Bloomberg) -- US Senator Christopher Dodd, chairman of the Senate Banking Committee, is expected to propose creating a single US regulator that would strip the Federal Reserve and Federal Deposit Insurance Corp ...
Related stories from Digg:
FDIC Sells Most Real Estate Since 1994 on U.S. Banking Debac
The Federal Deposit Insurance Corp. has already sold the most real estate this year since 1994 as the regulator takes over properties held by failed lenders.(Business & Finance)
Factchecker01Tue, Nov 17th, 20095 Diggs, 0 CommentsDodd Proposes Removing Fed, FDIC Bank Oversight Power
Senator Christopher Dodd proposed creating a single U.S. bank regulator and stripping supervision from the Federal Reserve and Federal Deposit Insurance Corp. in legislation aimed at preventing a repeat of the credit crisis.(World News)
shycyberguyTue, Nov 10th, 20091 Diggs, 0 CommentsFDIC Takes Over 5 More Banks, Total for Year Hits 120
Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans.(Business & Finance)
ampratherFri, Nov 6th, 200969 Diggs, 6 Comments
