FDIC Friday


Two more banks are added to the list for 2009.  That’s 31 32  so far this year (in case you’re counting).

North Jersey Community Bank, Englewood Cliffs, New Jersey,
Assumes All of the Deposits of Citizens Community Bank, Ridgewood, New Jersey
May 1, 2009

North Jersey Community Bank, Englewood Cliffs, New Jersey, Assumes All of the Deposits of Citizens Community Bank, Ridgewood, New Jersey

FDIC Creates Bridge Bank to Take Over Operations of Silverton Bank,

National Association, Atlanta, Georgia

May 1, 2009

FDIC Creates Bridge Bank to Take Over Operations of Silverton Bank, National Association, Atlanta, Georgia

Update:  One more added …

Cache Valley Bank, Logan, Utah, Assumes All of the Deposits of America West Bank,

Layton, Utah

May 1, 2009

Cache Valley Bank, Logan, Utah, Assumes All of the Deposits of America West Bank, Layton, Utah

One Response

  1. Seems a number of these failures have been in Georgia.

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