Wow, a 6-bagger for BFF!
fdic.gov
Bank Closing Information - July 23, 2010
These links contain useful information for the customers and vendors of these closed banks.
SouthwestUSA Bank, Las Vegas, NV
Community Security Bank, New Prague, MN
Thunder Bank, Sylvan Grove, KS
Williamsburg First National Bank, Kingstree, SC
Crescent Bank and Trust Company, Jasper, GA
Sterling Bank, Lantana, FL
July 23, 2010, 6:36 p.m. EDT
Five U.S. bank failures raises 2010 tally to 101
SAN FRANCISCO (MarketWatch) -- Five U.S. bank failures have raised the year's total to 101, according to the Federal Deposit Insurance Corp. on Friday. The largest of the five, Crescent Bank and Trust Co. in Jasper, Ga., will have its $965.7 million in deposits assumed by Renasant Bank (NASDAQ:RNST) of Tupelo, Miss. Sterling Bank of Lantana, Fla. will have its $372.4 million in deposits assumed by Iberiabank (NASDAQ:IBKC) of Lafayette, La. First Citizens Bank and Trust Co. of Columbia, S.C. will assume the $134.3 million in deposits from Williamsburg First National Bank of Kingstree, S.C. Bennington State Bank of Salina, Kan., will assume the $28.5 million in deposits at Thunder Bank of Sylvan Grove, Kan. Finally, Roundbank of Waseca, Minn. will assumes the $108 million in deposits at Community Security Bank of New Prague, Minn. The total cost for the five banks to the deposit-insurance fund will be $319.8 million. |
