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Ameris Bank, Moultrie, Georgia, Assumes All of the Deposits of United Security Bank, Sparta, Georgia
Ameris Bank, Moultrie, Georgia, Assumes All of the Deposits of United Security Bank, Sparta, Georgia United Security Bank, Sparta, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect ...
U.S. Bank, NA, of Minneapolis, Minnesota, Assumes All of the Deposits of Nine Failed Banks in ...
fdic.gov — U.S. Bank, NA, of Minneapolis, Minnesota, Assumes All of the Deposits of Nine Failed Banks in Arizona,... California, Illinois and Texas The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement with U.S. Bank, NA, ... (more) U.S. Bank, NA, of Minneapolis, Minnesota, Assumes All ...
Press Releases - PR-206-2009 11/13/2009
fdic.gov — IBERIABANK, Lafayette, Louisiana, Assumes All of the Deposits of Orion Bank, Naples, Florida En EspaƱol Orion Bank,... Naples, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance ... (more) Press Releases - PR-206-2009 11/13/2009
Unofficial Problem Bank List Grows to 500
calculatedriskblog.com — Note: This was before the FDIC seized banks related to FBOP today. This is an unofficial list... of Problem Banks. Changes and comments from surferdude808: The Unofficial Problem Bank List crossed a major threshold this week as 500 institutions are now ... (more) Unofficial Problem Bank List Grows to 500
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Bank Failure #116: United Security Bank, Sparta, Georgia
Calculated RiskFrom the FDIC: Ameris Bank, Moultrie, Georgia, Assumes All of the Deposits of United Security Bank, Sparta, Georgia United Security Bank, Sparta, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. ... As of September 14, 2009, United Security Bank had total assets of $157 million and total deposits of approximately $150 million. ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $58 million. ... United Security Bank is the ...

Bank failure Friday
Rolfe Winkler — As per usual, we begin in Georgia: #116 Failed bank: United Security Bank, Sparta GA Acquiring bank: Ameris Bank, Moultrie GA Vitals: as of 9/14/09, assets of $157m, deposits of $150m DIF damage: $58 million Ameris Bank also bought American United two weeks ago.

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