11th Bank Failure of 2009
February 13, 2009
From FDIC Press Release:
Riverside Bank of the Gulf Coast, Cape Coral, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with TIB Bank, Naples, Florida, to assume all of the deposits of Riverside Bank.
10th Bank Failure of 2009
February 13, 2009
From the FDIC Press Release:
Sherman County Bank, Loup City, Nebraska, was closed today by the Nebraska Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Heritage Bank, Wood River, Nebraska, to assume all of the deposits of Sherman County Bank.
3 Banks Fail Today – Is Yours On The List?
February 6, 2009
Three banks failed today and their aquired by the FDIC:
FirstBank Financial Services, McDonough, Georgia; FDIC press release: http://www.fdic.gov/news/news/press/2009/pr09017.html
Alliance Bank, Culver City, California; FDIC press release: http://www.fdic.gov/news/news/press/2009/pr09018.html
County Bank, Merced, California; FDIC press release: http://www.fdic.gov/news/news/press/2009/pr09019.html