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Five US Banks fails this week!

Thieving Bastards
Dr Suusi Watson 24/01/2010 01:14
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Federal Deposit Insurance Corporation
Federal Deposit Insurance Corporation
USA - Regulators have closed Five more banks in the USA Friday 22nd January 2010.

This takes the total of failed banks in the USA to 9 for the year.

Last year, 2009 140 Banks failed compaired to just 25 banks failing in all of 2008, and only three in 2007.

1. On Friday, January 22, 2010, Columbia River Bank, The Dalles, OR was closed by the Oregon Division of Finance and Corporate Securities, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

All deposit accounts have been transferred to Columbia State Bank, Tacoma, WA ("assuming institution") and will be available immediately.  On Saturday, January 23, 2010, the former Columbia River Bank locations will reopen as branches of Columbia State Bank.

2. On Friday, January 22, 2010, Evergreen Bank, Seattle, WA was closed by the Washington Department of Financial Institutions, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

All deposit accounts have been transferred to Umpqua Bank, Roseburg, OR ("assuming institution") and will be available immediately.  On Monday, January 25, 2010, the former Evergreen Bank locations will reopen as branches of Umpqua Bank.

3. On Friday, January 22, 2010, Charter Bank, Santa Fe, NM was closed by the Office of Thrift Supervision, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

All deposit accounts, excluding certain brokered deposits, have been transferred to Charter Bank, Albuquerque, NM ("assuming institution") and will be available immediately. Charter Bank, Albuquerque, NM is a newly-chartered federal savings bank and subsidiary of Beal Financial Corporation, Plano, TX. On Monday, January 25, 2010, the former Charter Bank, Santa Fe, NM locations will reopen as branches of Charter Bank, Albuquerque, NM

4. On Friday, January 22, 2010, Bank of Leeton, Leeton, MO was closed by the Missouri Division of Finance, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

All deposit accounts have been transferred to Sunflower Bank, National Association, Salina, KS ("assuming institution") and will be available immediately.  On Saturday, January 23, 2010, the former Bank of Leeton location will reopen as a branch of Sunflower Bank, N.A.

5. On Friday, January 22, 2010, Premier American Bank, Miami, FL was closed by The State of Florida Office of Financial Regulation, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

All deposit accounts, excluding certain brokered deposits, have been transferred to Premier American Bank, National Association, Miami, FL ("assuming institution") and will be available immediately. Premier American Bank, N.A. is a subsidiary of Bond Street Holdings, LLC, Naples, Florida. On Monday, January 25, 2010, the former Premier American Bank locations will reopen as branches of Premier American Bank, N.A.







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