Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Market
FDIC Reports Two Bank Failures Friday
WASHINGTON (8/27/13)--Two banks closed Friday, which brings this year's total of failed U.S. banks to 20, the Federal Deposit Insurance Corp. announced Friday.

Sunrise Bank of Arizona, Phoenix, was closed and assumed by First Fidelity Bank N.A., Oklahoma City. Also, Community Bank, Parsons, Tenn., was closed and assumed by CB&S Bank Inc., Russellville, Ala.
 
As of June 30, the two banks had roughly $589.1. million in total assets and $574.6 million in total deposits.
 
The cost to the Deposit Insurance Fund will be $89.5 million, FDIC estimated. 
 
So far in 2013, the National Credit Union Administration has closed eight credit unions.


RSS print
News Now LiveWire
For the last 75 years, even in the most difficult of times, Mill Town #CU has been there for the community it serves. Read #NewsNow Tues.
11 hours ago
The 1st vid shows how consumer can become victim and, advice to those who think they've been targeted. http://t.co/hr9VHpzEze
15 hours ago
.@TheNCUA has released two videos designed to raise awareness of elder financial abuse. http://t.co/iddSxr7H40
15 hours ago
Celebrate #100MM with @MDDCCUA1 at Orioles v Blue Jays tonight at Camden Yards
15 hours ago
The At Home In Lawrence mortgage program from @MetroCU is designed to help revitalize Lawrence, Mass.
16 hours ago