Banking Failures – 81 And Counting 2009 has now seen a total of 56 more failed banks than occurred for all of 2008. The latest banking closures by the FDIC bring total banking failures for 2009 to 81. The latest four failed banks on August 21, 2009 had total assets of $13.9 billion and total […]
4 Failed Banks For August 21, 2009 Include Second Largest Banking Failure In 2009
August 21, 2009 By Leave a Comment
Depositors Lose $4.2 Million In Failed Bank – Is My Cash Safe In The Bank?
August 20, 2009 By 3 Comments
Depositors Face Loss Of $4.2 Million On Bank Failure The closing of Community Bank of Nevada last week came as a very unpleasant surprise to some depositors. The FDIC estimates that there was approximately $4.2 million of uninsured deposits in the bank at the time of closing. The uninsured depositors had savings in the bank […]