Capital Gold Group Report: Recently Failed Banks

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Intro

Even the banks are facing hard times these days, and some have to close up shop entirely. See below for the most recently failed high-profile banks as reported by the FDIC.



First Heritage Bank

First Heritage Bank
On July 25 2008, First Heritage Bank N.A., Newport Beach, CA was closed by the Office of the Comptroller of the Currency (OCC). Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed. Click here for more information on First Heritage Bank


First National Bank of Nevada
Getty Images
First National Bank of Nevada
On July 25, 2008, First National Bank of Nevada, Reno, NV, was closed by the Office of the Comptroller of the Currency (OCC). Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. As of June 30, 2008, the former First National Bank of Arizona, Scottsdale, AZ, merged with First National Bank of Nevada and is included in this action. Click here for more information on First National Bank of Nevada

 

IndyMac Bank
Gabriel Bouys, AFP / Getty Images
IndyMac Bank
On July 11, 2008, IndyMac Bank, F.S.B., Pasadena, CA was closed by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC) was named Conservator. All non-brokered insured deposit accounts and substantially all of the assets of IndyMac Bank, F.S.B. have been transferred to IndyMac Federal Bank, F.S.B. (IndyMac Federal Bank), Pasadena, CA "assuming institution") a newly chartered full-service FDIC-insured institution. Click here for more information on IndyMac Bank
First Integrity Bank

First Integrity Bank
On May 30, 2008, First Integrity Bank NA, Staples, MN was closed by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. Click here for more information on First Integrity Bank

ANB National Bank

ANB National Bank
On May 9, 2008, ANB Financial, NA, Bentonville, AR was closed by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. Click here for more information on ANB National Bank

Hume Bank
Hume Bank
On March 7, 2008, Hume Bank, Hume, MO was closed by the Missouri Division of Finance and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. Click here for more information on Hume Bank
Douglass National Bank

Douglass National Bank
On January 25, 2008, Douglass National Bank, Kansas City, MO was closed by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. Click here for more information on Douglass National Bank

Miami Valley Bank

Miami Valley Bank
On October 4, 2007, Miami Valley Bank, Lakeview, Ohio was closed by the Ohio Department of Commerce, Division of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. Click here for more information on Miami Valley Bank

NetBank
NetBank
On September 28, 2007, NetBank, Alpharetta, Georgia was closed by the Office of Thrift Supervision and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. All insured depositors are now customers of ING Bank, fsb (ING DIRECT), member FDIC. Click here for more information on NetBank

 

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This page contains a single entry by John Jameson published on August 7, 2008 5:52 PM.

Capital Gold Group Report: Gold up on Bargain Hunting, Platinum Climbs - Investors "Buying in the Dips" was the previous entry in this blog.

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