Saturday, October 24, 2009

Number of U.S. failed banks hits 100 this year

NEW YORK, Oct. 23 (Xinhua) — Partners Bank of Naples, Florida was closed on Friday, the 100th bank failure of 2009, according to the Federal Deposit Insurance Corporation.

The failed bank was closed by the Office of Thrift Supervision, which appointed the FDIC as receiver.

As of Sept. 30, 2009, Partners Bank had total assets of 65.5 million U.S. dollars and total deposits of approximately 64 good credit score.9 million dollars.

Stonegate Bank of Fort Lauderdale, Florida, will assume all of the deposits and essentially all the assets of the bank. Partners is the seventh bank to fail in Florida this year. Special Report: Global Financial Crisis

Number of U.S. failed banks hits 100 this year

No comments:

Post a Comment