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Three Banking Failures Cost FDIC $300 Million

January 16, 2010 By Bill Zielinski Leave a Comment

January 15, 2010 – Regulators Close 3 Banks Regulators closed three banks today in Utah, Minnesota and Illinois.  The three failed banks had total assets of $922.1 million and total deposits of $877.3.  The total cost to the FDIC Deposit Insurance Fund for the three failed banks is estimated at $296.3 million or 32% of […]

Filed Under: Bank Failure, Failed Banks, FDIC, FDIC insurance, featured, Loss share transactions Tagged With: Add new tag, Failed Barnes Banking Co finds no buyer, FDIC shutters 3 banks

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