Regulators shut down Amcore Bank – archive.jsonline.com – Regulators shut down Amcore Bank. Amcore Bank, a Rockford, Ill., bank with a significant presence in the Madison area, was closed Friday evening by regulators. The Federal deposit insurance corp. said the 58 branches of Amcore in Illinois and Wisconsin will reopen Saturday as branches of Chicago-based Harris Bank,
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V. Banking Services. The eight former Bank of Whitman locations that will reopen as branches of Columbia State Bank will maintain their regular business hours, and you may continue to use the services to which you previously had access, such as safe deposit boxes, night deposit boxes, wire services, etc.
Two Banks Fail; 2011 Tally at 63 – TheStreet – WASHINGTON ( TheStreet) — Regulators on Friday shuttered two banks, bringing this year’s total number of U.S. bank failures to 63. The Illinois Department of Financial and Professional Regulation.
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WASHINGTON (AP) – Regulators have shut down a small bank in Illinois and one in Washington, lifting to 63 the number of U.S. bank failures this year. The Federal Deposit Insurance Corp. seized.
State regulators closed the Bank of Whitman on Friday night and sold the Colfax-based lender’s deposits and some assets to Columbia Banking System of Tacoma.
Regulators on Friday shut down Freedom Bank, a small bank located in Bradenton, Fla. It was the 17th failure this year of a federally insured bank. The Federal Deposit Insurance Corp. was appointed.
In September 2011, state and federal regulators shut down the Bank of the Commonwealth amid mounting losses. About six months later, the U.S. Attorney’s Office for the Eastern District of
In a directive issued Feb. 9, the Federal Reserve System’s board of governors characterized Bank of Whitman as significantly undercapitalized and said the bank needs to raise capital, be acquired, merge with another institution, or shut down.
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· Regulators Shut Down Bank. The Federal Deposit Insurance Corp. said Friday it has taken over Texas Community Bank NA. The lender, which operated two branches, had about $160.1 million in assets and $142.6 million in deposits as of Sept. 30. Spirit of Texas Bank SSB, based in College Station, agreed to assume all of Texas Community Bank’s.
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North Milwaukee State Bank, which has lost money for the last five years, was shut down Friday by regulators – Wisconsin's first bank failure in.
State regulators shut down RockBridge Commercial Bank Friday, three years after it was founded with a record amount of capital for a start-up bank in Georgia. RockBridge becomes the 25th lending.