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3 banks in FL, 1 in CA
Weiss
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Regulators shut 3 Fla. banks, 1 in Calif.
By MARCY GORDON (AP) – 40 minutes ago
WASHINGTON — Regulators on Friday shut down three affiliated banks in Florida and a small California bank, bringing the number of U.S. bank failures this year to 77.
The Federal Deposit Insurance Corp. took over the banks owned by holding company Bank of Florida Corp. They are: Bank of Florida-Southeast, based in Fort Lauderdale, with $595.3 million in assets; Bank of Florida-Southwest, based in Naples, with $640.9 million in assets; and Bank of Florida-Tampa Bay, based in Tampa, with $245.2 million in assets.
The FDIC also seized Granite Community Bank, located in Granite Bay, Calif., with $102.9 million in assets.
By MARCY GORDON (AP) – 40 minutes ago
WASHINGTON — Regulators on Friday shut down three affiliated banks in Florida and a small California bank, bringing the number of U.S. bank failures this year to 77.
The Federal Deposit Insurance Corp. took over the banks owned by holding company Bank of Florida Corp. They are: Bank of Florida-Southeast, based in Fort Lauderdale, with $595.3 million in assets; Bank of Florida-Southwest, based in Naples, with $640.9 million in assets; and Bank of Florida-Tampa Bay, based in Tampa, with $245.2 million in assets.
The FDIC also seized Granite Community Bank, located in Granite Bay, Calif., with $102.9 million in assets.
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame
--Severian the Lame
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Add that to your list (2nd bank I've been with that has gone under, the other was
Community Bank of Nevada).
bob