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Latest Federal Deposit Insurance Corporation News

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  • What are customers saying after feds shut down Naples-based Orion Bank? 16 Nov 2009 14:15 GMT
    ... Orion Bank at the northeast corner of Goodlette Frank ... Florida Office of Financial Regulation appointed the Federal Deposit Insurance Corporation as receiver and had the FDIC enter into an agreement with Lafayette, La.-based ...

  • Bank Failures Rise to 123 - Analyst Blog 16 Nov 2009 14:33 GMT
    ... Regulators shut down 2 banks in Florida and 1 in California; U.S. bank failures reach 123 this year.  U.S. ... impact on the Federal Deposit Insurance Corporation’s (FDIC) fund for protecting customer accounts, as it ...

  • Zacks Analyst Blog Highlights: JPMorgan Chase, Fifth Third Bancorp, Zions Bancorp, SunTrust Banks and PNC Financial - Press Releases 17 Nov 2009 13:33 GMT
    ... Get the most recent insight from Zacks Equity Research with the free Profit from ... Blog: The failed banks were -- Century Bank, FSB of Sarasota, Florida with $728 million ... impact on the Federal Deposit Insurance Corporation’s (FDIC) fund for protecting customer accounts, as it ...

  • Robert Prechter The FDIC Anaesthesia Is Wearing Off 21 Nov 2009 00:13 GMT
    ... For more information from Robert Prechter on bank safety, download his free report, Perhaps the ... 50 years is the existence of the Federal Deposit Insurance Corporation, another government-sponsored enterprise created by Congress. The ... the very day that Congress created the FDIC. The reason is that the creation of ...

  • Why Your FDIC-Backed Bank Could Fail 21 Nov 2009 01:46 GMT
    ... Top 100 Safest U.S. Banks. With 130 bank failures expected by the end of this ... main source of profits. The U.S. government’s Federal Deposit Insurance Corporation guarantees to refund depositors’ losses up to ... frailty to the strong ones. When the FDIC rescues weak banks by charging healthier ones ...

  • Corporate: FDIC Closes Commerce Bank Of Southwest Florida, The 124th U.S. Bank Failure In 2009 - Update 23 Nov 2009 05:33 GMT
    ... CorporateFDIC Closes Commerce Bank Of Southwest Florida, The 124th U.S. Bank ... In 2009 - Update (RTTNews) - The Federal Deposit Insurance Corporation or FDIC announced Friday the shuttering of ...

  • Breaking News: FDIC Closes Commerce Bank Of Southwest Florida, The 124th U.S. Bank Failure In 2009 - Update 23 Nov 2009 05:54 GMT
    ... Breaking NewsFDIC Closes Commerce Bank Of Southwest Florida, The 124th U.S. Bank ... In 2009 - Update (RTTNews) - The Federal Deposit Insurance Corporation or FDIC announced Friday the shuttering of ...

  • Forex: FDIC Closes Commerce Bank Of Southwest Florida, The 124th U.S. Bank Failure In 2009 - Update 23 Nov 2009 06:14 GMT
    ... Forex: FDIC Closes Commerce Bank Of Southwest Florida, The 124th U.S. Bank ... In 2009 - Update (RTTNews) - The Federal Deposit Insurance Corporation or FDIC announced Friday the shuttering of ...

  • Who's Watching the FDIC? 16 Nov 2009 09:19 GMT
    ... Another Friday and another bank that was deemed “healthy” by regulators and ... its bailout shares wiped out. as the Federal Deposit Insurance Corporation (FDIC) seized the southern California Pacific Coast ... will assume Pacific Coast’s deposits and assets. FDIC head Sheila Bair, apparently anxious about the ...

  • KS Bank Partners with Capital Investment Companies 19 Nov 2009 22:18 GMT
    ... KS Bank Partners with Capital Investment Companies Smithfield, N.C. ... the Bank is a member of the Federal Deposit Insurance Corporation (FDIC), the American Bankers Association, the North Carolina ...

  • Commerce Bank of Southwest Florida shut down by regulators 21 Nov 2009 02:11 GMT
    ... Commerce Bank of Southwest Florida shut down by regulators ... been operating just over four years. The Federal Deposit Insurance Corporation (FDIC) has been appointed as receiver. To protect ...

  • US regional banks grow on the cheap amid crisis 22 Nov 2009 03:50 GMT
    ... assets that have been backed-stopped by the FDIC (Federal Deposit Insurance Corporation), that means the losses are covered by ... the country's largest banks: bought Bear Stearns, Bank of America acquired Countrywide and The same ...

  • Commerce Bank next victim in recent slew of bank closures 21 Nov 2009 01:58 GMT
    ... Another Southwest Florida bank was cashed out Friday. Regulators shut down ... Southwest Florida in Fort Myers, appointing the Federal Deposit Insurance Corporation as receiver. The bank will be taken ... will continue to be insured by the FDIC. Like most of the other local banks, ...

  • Bank Enforcement Cease and Desist Actions Quickly Rising 20 Nov 2009 17:11 GMT
    ... Bank Enforcement Cease and Desist Actions Quickly Rising ... said. The orders were issued by the Federal Deposit Insurance Corporation (FDIC); Office of the Controller of the Currency ...

  • Research Firm: 600 Banks in Danger of Collapse 23 Nov 2009 20:57 GMT
    ... Research firm Foresight Analytics says 600 U.S. banks risk failure thanks largely to soured real ... better job,” Sheila Bair, chairwoman of the Federal Deposit Insurance Corporation (FDIC) told The Times. While policy makers look ...


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