RBC Bank, US subsidiary of Royal Bank of Canada, says CEO Scott Custer to retireOctober 1st, 2009 CEO of NC-based RBC Bank to retire next monthRALEIGH, N.C. — The chief executive of North Carolina-based RBC Bank is retiring.
Regulators close banks in Illinois and Minnesota; 91 bank failures so far this yearSeptember 11th, 2009 MB Financial to take over Corus Bank branchesCHARLOTTE, N.C. — Federal regulators on Friday said they seized Corus Bancshares Inc., a Chicago lender to condominium, office and hotel projects, adding it to the long list of banks that have succumbed this year to the recession and waves of loan defaults.
Regulators close 2 banks in Florida, 1 in Oregon, marking 72 US bank failures this yearAugust 8th, 2009 Regulators close 3 banks in Fla., Ore.; total 72NEW YORK — Regulators on Friday shut down two banks in Florida and one in Oregon, bringing to 72 the number of federally insured banks to fail this year under the weight of the weak economy and rising loan losses. The Federal Deposit Insurance Corp.
Regulators close 2 banks in Florida, marking 71 US bank failures this yearAugust 8th, 2009 Regulators close 2 banks in FloridaNEW YORK — Regulators on Friday shut down two banks in Florida, bringing to 71 the number of federally insured banks to fail this year under the weight of the weak economy and rising loan losses. The Federal Deposit Insurance Corp.
Regulators shut Waterford Village Bank in NY state; 58th US bank to fail this yearJuly 25th, 2009 Regulators shut small bank in NYWASHINGTON — Regulators have shut Waterford Village Bank, a small bank in New York state, boosting to 58 the number of federally insured banks to fail this year. The Federal Deposit Insurance Corp.
Regulators shut First Piedmont Bank in Georgia; 54th US bank to fail this yearJuly 18th, 2009 Regulators shut small Georgia bank; 54th this yearWASHINGTON — Regulators have shut down First Piedmont Bank in Georgia, the 54th federally insured bank to fail this year. The Federal Deposit Insurance Corp.
Regulators shutter small Wyoming bank, bringing this year's failed bank tally to 53July 11th, 2009 Regulators shut small Wyoming bankNEW YORK — Regulators on Friday shut Bank of Wyoming, marking the 53rd failure this year of a federally insured bank. The Federal Deposit Insurance Corp.
Regulators shut Community Bank of West Georgia; 41st bank failure this yearJune 26th, 2009 Regulators shut Ga. bank; 41st to fail this yearWASHINGTON — Regulators have shut down Community Bank of West Georgia, marking the 41st failure this year of a federally insured bank.
Regulators shut down 2 small Southern banks, bringing this year's failed bank tally to 39June 20th, 2009 Regulators close 2 small Southern banksNEW YORK — Regulators on Friday shut down a small bank in Wilmington, N.C. and another small bank in Fayetteville, Ga., pushing this year's tally of failed banks up to 39.
Regulators shut down 3 small banks, bringing this year's failed bank tally to 40June 20th, 2009 US regulators close 3 small banksNEW YORK — Regulators have shut down three more small banks, pushing this year's tally of failed banks to 40. One bank closed Friday was in North Carolina, another in Georgia, and the third was in Kansas.
FDIC halts efforts to sell failed Silverton Bank; 'bridge bank' shut downJune 5th, 2009 FDIC stops efforts to sell failed Silverton BankWASHINGTON — Federal regulators have abandoned efforts to sell failed Silverton Bank in Georgia to investors and are shutting the temporary "bridge bank" they set up to replace it last month. Atlanta-based Silverton, which operated as a sort of wholesale bank, fell victim to large losses on real estate construction and development loans, and was closed by regulators on May 1.
Westsound Bank of Wash. becomes 33rd bank to fail in 2009; Kitsap Bank will take over depositsMay 9th, 2009 US regulators shut down 33rd bank this yearNEW YORK — Federal regulators on Friday shut down Westsound Bank of Bremerton, Wash., making it the 33rd bank to fail this year. The Federal Deposit Insurance Corp.
Regulators close Silverton Bank in Ga, set up temporary bank; shut New Jersey, Utah banksMay 2nd, 2009 Banks in Georgia, NJ, Utah shut by regulatorsWASHINGTON — Regulators shut down Silverton Bank in Georgia on Friday and set up a temporary government-controlled bank until a buyer can be found. Silverton, which operated as a sort of wholesale bank, fell victim to large losses on real estate construction and development loans, regulators said.
Regulators close Silverton Bank in Ga, set up temporary bank; shut New Jersey bankMay 2nd, 2009 Banks in Georgia, NJ shut by regulatorsWASHINGTON — Regulators shut down Silverton Bank in Georgia on Friday and set up a temporary government-controlled bank until a buyer can be found. Silverton, which operated as a sort of wholesale bank, fell victim to large losses on real estate construction and development loans, regulators said.
Regulators shut failed American Southern Bank in Ga.; 26th failure this year beats 2008 totalApril 24th, 2009 Regulators shut American Southern Bank in GeorgiaCHARLOTTE, N.C. — Regulators on Friday shut down American Southern Bank in Georgia, boosting the number of failures this year to 26 — more bank closures than in all of last year.
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