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 FDIC Friday! August 6, 2010
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Copper Catcher
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USA
2092 Posts

Posted - 08/06/2010 :  20:20:19  Show Profile Send Copper Catcher a Private Message
Welcome to another edition of FDIC Friday! Don't you just love it!



It appears to be a light week this week but mainly because they shifted last weeks list and changed the updated official closing date to today. I guess all that red ink needed time to dry!

You must be logged in to see this link.

However, they did decide to add another to the list of failed banks, wasn't that nice of the Fed to do that! :-)

Ah, don't you just love it in the wonderful city of Chicago, IL.

Ravenswood Bank Chicago IL 34231 August 6, 2010

The FDIC and Northbrook Bank and Trust Company entered into a loss-share transaction on $161.3 million of Ravenswood Bank's assets. Northbrook Bank and Trust Company will share in the losses on the asset pools covered under the loss-share agreement.
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