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Copper Catcher
Administrator
    
 USA
2092 Posts |
Posted - 08/06/2010 : 20:20:19
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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!
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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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