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Posts Tagged ‘ Failure ’

Bank Failure Friday: NBRS Financial, Rising Sun, Maryland,15th Failure of 2014

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Bank Failure Friday: NBRS Financial, Rising Sun, Maryland,15th Failure of 2014

This is the first bank failure since July! From the FDIC: Howard Bank, Ellicott City, Maryland, Assumes All of the Deposits of NBRS Financial, Rising Sun, Maryland As of June 30, 2014, NBRS Financial had approximately 8.2 million in total assets and 3.1 million in total deposits. … The FDIC estimates that the cost...
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Bank Failure #9 in 2014: Slavie Federal Savings Bank, Bel Air, Maryland

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Bank Failure #9 in 2014: Slavie Federal Savings Bank, Bel Air, Maryland

From the FDIC: Bay Bank, FSB, Lutherville, Maryland, Assumes All of the Deposits of Slavie Federal Savings Bank, Bel Air, Maryland As of March 31, 2014, Slavie Federal Savings Bank had approximately 0.1 million in total assets and 1.1 million in total deposits. … The FDIC estimates that the cost to the Deposit Insurance...
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Bank Failure #38: Second Federal Savings and Loan Association of Chicago, Chicago, Illinois

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Bank Failure #38: Second Federal Savings and Loan Association of Chicago, Chicago, Illinois

Second Federal Pillaged the Chicago way Illinois inept by Soylent Green is People From the FDIC: Hinsdale Bank & Trust Company, Hinsdale, Illinois, Assumes All of the Deposits of Second Federal Savings and Loan Association of Chicago, Chicago, Illinois As of March 31, 2012, Second Federal Savings and Loan Association of Chicago had approximately...
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Bank Failure #23 in 2012: Security Bank, National Association, North Lauderdale, Florida

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Bank Failure #23 in 2012: Security Bank, National Association, North Lauderdale, Florida

Security Bank Once graceful on a tight rope Fell as gator chum by Soylent Green is People From the FDIC: Banesco USA, Coral Gables, Florida, Assumes All of the Deposits of Security Bank, National Association, North Lauderdale, Florida As of March 31, 2012, Security Bank, National Association had approximately 1.0 million in total assets...
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Bank Failure #13 in 2012: New City Bank, Chicago, Illinois

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Bank Failure #13 in 2012: New City Bank, Chicago, Illinois

“They built this City… … Playing corporation games Write us off the page” Excerpted by Soylent Green is People from M.Page, B. Taupin, D. Lambert, and P.Wolf. From the FDIC: FDIC Approves the Payout of the Insured Deposits of New City Bank, Chicago, Illinois As of December 31, 2011, New City Bank had .2...
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Bank Failure #26 in 2011: The Bank of Commerce, Wood Dale, Illinois

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Bank Failure #26 in 2011: The Bank of Commerce, Wood Dale, Illinois

Irresponsible: Behavior resulting in No consequences. by Soylent Green is People From the FDIC: Advantage National Bank Group, Elk Grove Village, Illinois, Assumes All of the Deposits of The Bank of Commerce, Wood Dale, Illinois As of December 31, 2010, The Bank of Commerce had approximately 3.1 million in total assets and 1.4 million...
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