Archive for November, 2009

Pacific Coast National Bank Closed!

Sunwest Bank, Tustin, California, Assumes All Deposits of Pacific Coast National Bank, San Clemente, California
The Office of the Comptroller of the Currency closed Pacific Coast National Bank of San Clemente, California today. They also appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC then entered into a purchase agreement with Sunwest Bank, Tustin, [...]

Orion Bank Closed!

IBERIABANK, Lafayette, Louisiana, Assumes All Deposits of Orion Bank, Naples, Florida
The Florida Office of Financial Regulation closed Orion Bank of Naples, Florida today. They also appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC then entered into a purchase agreement with IBERIABANK, Lafayette, Louisiana to assume all deposits of Orion Bank.
Orion Bank, which [...]

Century Bank Closed!

IBERIABANK, Lafayette, Louisiana, Assumes All Deposits of Century Bank, Federal Savings Bank, Sarasota, Florida
The Office of Thrift Supervision closed Century Bank of Sarasota, Florida today. They also appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC then entered into a purchase agreement with IBERIABANK, Lafayette, Louisiana to assume all deposits of Century Bank.
Century [...]

United Commercial Bank Closed!

East West Bank, Pasadena, California Assumes All Deposits of United Commercial Bank, San Francisco, California
The California Department of Financial Institutions closed United Commercial Bank of San Francisco, California today. They also appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC then entered into a purchase agreement with East West Bank, Pasadena, California to [...]

Gateway Bank of St. Louis Closed!

Central Bank of Kansas City, Kansas City, Missouri, Assumes All Deposits of Gateway Bank of St. Louis, St. Louis, Missouri
The Missouri Division of Finance closed Gateway Bank of St. Louis, St. Louis, Missouri today. They also appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC then entered into a purchase agreement with Central [...]

Prosperan Bank Closed!

Alerus Financial of Grand Forks, North Dakota, Assumes All Deposits of Prosperan Bank, Oakdale, Minnesota
The Minnesota Department of Commerce closed Prosperan Bank of Oakdale, Minnesota today. They also appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC then entered into a purchase agreement with Alerus Financial of Grand Forks, North Dakota to assume [...]

Home Federal Savings Bank Closed!

Liberty Bank and Trust Company, New Orleans, Louisiana, Assumes All Deposits of Home Federal Savings Bank, Detroit, Michigan
The Office of Thrift Supervision closed Home Federal Savings Bank of Detroit, Michigan today. They also appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC then entered into a purchase agreement with Liberty Bank and Trust [...]

United Security Bank Closed!

Ameris Bank, Moultrie, Georgia, Assumes All of the Deposits of United Security Bank, Sparta, Georgia
The Georgia Department of Banking and Finance closed United Security Bank of Sparta, Georgia today. They also appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC then entered into a purchase agreement with Ameris Bank of Moultrie, Georgia to [...]