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How Much Did Depositors Actually Lose at Barnes Banking Company?

January 18, 2010 By Bill Zielinski Leave a Comment

Depositor Losses At Barnes Banking Unknown On Friday, January 15, 2010, Barnes Banking Company was closed by the Utah Department of Financial Institutions which appointed the FDIC as receiver.  Since no other institution could be found to assume the assets or deposits of failed Barnes Banking, the FDIC set up a Deposit Insurance National Bank […]

Filed Under: Are My Savings FDIC Insured?, Bank Failure, Depositor Losses At Failed Banks, Failed Banks, FDIC insurance Tagged With: Are My Savings FDIC Insured?, Barnes Banking depositors take loss

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