New York Bank Seized By Regulators, 27th Closure This Year
Thu, 03/11/2010 - 18:10
According to The Wall Street Journal, LibertyPointe Bank of New York has been seized by banking regulators with deposits estimated at about $209.5 million.
The bank closure is the 27th bank failure of 2010, based on reports by the Federal Deposit Insurance Corp. Valley National Bank of New Jersey will assume the bank's deposit ...
AmTrust And Five More Banks Closed, Seized By FDIC
Sat, 12/05/2009 - 13:20
According to The New York Times, bank regulators closed Ohio's AmTrust Bank on Friday, making it the fourth largest bank to shut down in 2009.Five additional banks were also shut down, making the total ...
Latest Bank Closures Cost Tax Payers $1.5 Billion
Sun, 11/08/2009 - 00:46
According to The Wall Street Journal, a California-based bank which had primary business in the Chinese-American market was the largest of five failures on Friday at the expense of more than $1.5 billion from U.S. taxpayers.United Commercial Bank of San Francisco, which was a subdivision of UCBH Holdings Inc., was closed by federal banking re ...
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