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Billion Dollar Bank Failure – Guaranty Bank of Wisconsin Closed by Feds

May 5, 2017 By Problem Bank List Staff 1 Comment

For the second week in a row a billion dollar bank was closed by regulators.  Last week it was First NBC Bank of New Orleans and today it was Guaranty Bank, Milwaukee, Wisconsin (doing business as Best Bank in Georgia and Michigan). Overwhelmed by bad loan, the Comptroller of the Currency shuttered Guaranty Bank and […]

Filed Under: Bank Failure, Bank Lending, Banking News, FDIC, featured Tagged With: bank failure, banking failure, banking industry, Banking News, failed bank, FDIC, First Citizens Bank & Trust, Guaranty Bank

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