FDIC
February 28, 2010 - 0 comments
Washington -- Bank failures in Carson City, Nev., and Tacoma, Wash., brought to 22 the number of U.S. banks to be closed so far this year, officials said.
February 26, 2010 - 0 comments
Washington -- A program is being developed to determine if cutting principal for so-called underwater mortgages saves homeowners from foreclosure, U.S. officials said.
February 6, 2010 - 0 comments
Hancock -- A small bank in rural Minnesota has been shuttered by regulators, the Federal Deposit Insurance Corp. says.
January 30, 2010 - 0 comments
Washington -- Banks in Minnesota, California, Georgia, Florida and Washington state have been closed by regulators, officials say.
January 23, 2010 - 0 comments
Washington -- Struggling banks in five U.S. states have been seized by regulators, the Federal Deposit Insurance Corporation says.
December 2, 2009 - 0 comments
Washington -- A Federal Deposit Insurance Corp. report says that 25 percent of U.S. households do not use banks to cash paychecks or deposit funds.
November 24, 2009 - 0 comments
Washington -- An increase in U.S. bank failures put the federal fund that guarantees consumer deposits in the red in the third quarter, a report released Tuesday said.
Los Angeles, October 31 -- U.S. Bancorp has acquired nine banks held by the FBOP Corp., seizing $18.4 billion assets in a move to pull the banks through the ongoing financial crisis.
September 22, 2009 - 0 comments
Washington -- Senior regulators say the Federal Deposit Insurance Corp. is contemplating borrowing money from healthy U.S. banks to keep its deposit insurance fund solvent.
Columbus, September 20 -- More financial trouble seems to be in sight as the Federal Deposit Insurance Corp. (FDIC) reported that regulators have shut down two subsidiaries of Irwin Financial Corporation in Kentucky and Indiana on Friday. That brings this year’s bank failure count to 94.
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