FDIC

3 bank receiverships in FL, MA terminated by FDIC

October 9, 2020 0

The receiverships of three banks in Florida and Massachusetts, each bank having been closed April 16, 2010, were terminated Oct. 1 by the Federal Deposit Insurance Corp. (FDIC), the agency said in a Federal Register […]

FDIC

FDIC ends ShoreBank receivership

July 9, 2020 0

The federal bank deposit insurer’s receivership of the defunct ShoreBank (Chicago) was terminated July 1, the agency said in a recent Federal Register notice. ShoreBank was closed by the Illinois Department of Financial and Professional […]

FDIC

FDIC terminates bank receivership; 3 more ending soon

June 5, 2020 0

Termination notices on four bank receiverships have been issued by the Federal Deposit Insurance Corp. (FDIC) and will have all published in the Federal Register by Monday, according to available filings. One receivership – that […]

FDIC

FDIC terminates receivership of WI bank

May 6, 2020 0

The receivership of North Milwaukee State Bank, Milwaukee, Wis., was terminated May 1, the Federal Deposit Insurance Corp. (FDIC) said in a notice for the Federal Register. North Milwaukee State Bank, with reportedly $67.1 million […]

FDIC

Four bank receiverships terminated by FDIC

February 6, 2020 0

Receiverships of four banks that were closed in 2009 and 2015 were terminated Feb. 1 by the Federal Deposit Insurance Corp. (FDIC), the agency said in a notice slated for publication Monday in the Federal […]

FDIC

FDIC terminates two bank receiverships (GA, FL)

October 4, 2019 0

The federal insurer of bank deposits on Oct. 1 terminated the receiverships of Freedom Bank of Georgia (Commerce, Ga.) and Valley Bank (Fort Lauderdale, Fla.), according to a  Federal Register notice published Friday. The two […]

FDIC

Six bank receiverships terminated, two pending, FDIC says

September 13, 2019 0

The federal bank deposit insurer on Sept. 1 terminated six bank receiverships, stating in a Federal Register notice that it “has fulfilled its obligations and made all dividend distributions required by law.” The six just-terminated receiverships […]

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