| Author |
 Topic  |
|
|
Copper Catcher
Administrator
USA
2092 Posts |
 Posted - 07/25/2010 : 10:29:59
|
Coming soon to a bank near you!!
I feel so good about this economic recover we are having don't you!
Ah, all warm fuzziness inside.....Add up the loss-share transaction number for this week and enjoy the surprise!
To help you understand what loss sharing is all about; you can look at the video on:
You must be logged in to see this link.
Home Valley Bank Cave Junction OR 23181
The FDIC and South Valley Bank & Trust entered into a loss-share transaction on $211.6 million of Home Valley Bank's assets.
SouthwestUSA Bank Las Vegas NV 35434
The FDIC and Plaza Bank entered into a loss-share transaction on $111.3 million of SouthwestUSA Bank's assets.
Community Security Bank New Prague MN 34486
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $18.6 million. Compared to other alternatives, Roundbank's acquisition was the least costly resolution for the FDIC's DIF.
Thunder Bank Sylvan Grove KS 10506
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $4.5 million. Compared to other alternatives, The Bennington State Bank's acquisition was the least costly resolution for the FDIC's DIF.
 Thunder Bank is the 100th FDIC-insured institution to fail in the nation this year, Congradulations! The name says it all!
Williamsburg First National Bank Kingstree SC 17837
The FDIC and First Citizens Bank and Trust Company, Inc. entered into a loss-share transaction on $64.4 million of Williamsburg First National Bank's assets.
Crescent Bank and Trust Company Jasper GA 27559
The FDIC and Renasant Bank entered into a loss-share transaction on $617.4 million of Crescent Bank and Trust Company's assets.
Sterling Bank Lantana FL 32536
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $45.5 million. Compared to other alternatives, IBERIABANK's acquisition was the least costly resolution for the FDIC's DIF.
 Stay tuned until new week!
|
|
|
jadedragon
Administrator
Canada
3788 Posts |
Posted - 07/25/2010 : 21:16:44
|
| I bet there would be more if they could just find more banks to absorb the losers. FDIC seems to wait until they negotiate a deal with another bank to take over the failed bank. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
 |
|
|
AGCoinHunter
Penny Hoarding Member
USA
685 Posts |
Posted - 07/26/2010 : 08:27:54
|
| Thanks for the report CC. A trend that isnt letting up. Before you know it the only banks left in town will be one of the big 3 or 4. Curious if any have failed that have assumed anothers assets from an earlier failure? |
"All tyranny needs to gain a foothold is for people of good conscience to remain silent."
-Thomas Jefferson
"There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism—by vote. It is merely the difference between murder and suicide." - Ayn Rand
________________________________________________
Lenin: Class-based International Socialism
Hitler: Race-based National Socialism
Obama: Class- and Race-based Post-National Socialism
|
|
|
|
HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 07/27/2010 : 00:43:04
|
Whoohoo! A whole week, and none of my banks were on the list!  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
|
|
|
Copper Catcher
Administrator
USA
2092 Posts |
Posted - 07/27/2010 : 06:28:48
|
| HoardCopperByTheTon, don't worry, Friday is just around the corner! LOL |
|
|
| |
Topic |
|
FDIC Friday! July 23, 2010 Add seven (7) more!
Forum Locked
