2017-05-06 03:35
For the second week in a row a billion dollar bank was closed by regulators. Last week it was First NBC Bank of New Orleans and today it was Guaranty Bank, Milwaukee, Wisconsin (doing… Read More
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Tracking the problem bank list maintained by the FDIC, which includes financial institutions in danger of becoming failing. Latest information on failed banks and the FDIC.
2017-04-29 06:49
A very large bank failure occurred today when state regulators closed First NBC Bank, New Orleans, and appointed the FDIC as receiver. To prevent losses to depositors, the FDIC to… Read More
2016-09-26 04:41
It’s been six years since a bank failed in the state of Arkansas but this trend ended on Friday when state regulators closed Allied Bank in Mulberry, Arkansas. The failure o… Read More
2016-08-20 00:29
The Woodbury Banking Company, a tiny bank located in Woodbury, Georgia, was closed today by Georgia state regulators. The FDIC, appointed as receiver, sold the bank to United Bank, Zeb… Read More
2016-05-07 05:37
The largest banking failure of the year occurred when state regulators closed the First Cornerstone Bank, King of Prussia, PA. In order to protect depositors, the FDIC in its role as r… Read More
2016-04-30 04:04
Trust Company Bank, Memphis, Tennessee, was closed by state regulators who appointed the FDIC as receiver. In order to protect depositors the FDIC sold the failed bank to The Bank of F… Read More
2016-03-12 03:29
The first bank failure of 2016 occurred today when regulators closed a small bank in Wisconsin. It has been almost six months since the last banking failure in the U.S. The last… Read More
2015-11-25 05:47
The number of banks on the FDIC Problem Bank List continues its steady decline since peaking at 888 banks in March 2011. According to the latest FDIC Quarterly Banking Profile the numb… Read More
2015-10-03 06:46
After almost three months since the last bank closing regulators closed two banks on the first Friday of October. The first bank failure occurred when The Bank of Georgia, Peachtr… Read More
2015-10-03 05:45
After almost a three month hiatus of bank failures, regulators closed The Bank of Georgia, Peachtree City, Georgia. Fulfilling one of its primary roles as guarantor of depositor f… Read More
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