Meridian Bank -- Eldred, IL -- 10-Oct-08 Main Street Bank -- Northville, MI -- 10-Oct-08 Alpha Bank & Trust -- Alpharetta, GA -- 24-Oct-08 Freedom Bank -- Bradenton , FL -- 31-Oct-08 Security Pacific Bank -- Los Angeles, CA -- 7-Nov-08 Franklin Bank, SSB -- Houston, TX -- 7-Nov-08 PFF Bank & Trust -- Pomona, CA -- 21-Nov-08 Downey Savings & Loan -- Newport Beach, CA -- 21-Nov-08 Community Bank -- Loganville, GA -- 21-Nov-08 First Georgia Community Bank -- Jackson, GA -- 5-Dec-08 Sanderson State Bank -- Sanderson, TX -- 12-Dec-08 Haven Trust Bank -- Duluth, GA -- 12-Dec-08 Bank of Clark County -- Vancouver, WA -- 16-Jan-09 National Bank of Commerce -- Berkeley, IL -- 16-Jan-09 1st Centennial Bank -- Redlands, CA -- 23-Jan-09 Ocala National Bank -- Ocala, FL -- 30-Jan-09 Suburban FSB -- Crofton, MD -- 30-Jan-09 MagnetBank -- Salt Lake City, UT -- 30-Jan-09 County Bank -- Merced, CA -- 6-Feb-09 Alliance Bank -- Culver City, CA -- 6-Feb-09 FirstBank Financial Services -- McDonough, GA -- 6-Feb-09 Pinnacle Bank of Oregon -- Beaverton, OR -- 13-Feb-09 Corn Belt Bank & Trust Co. -- Pittsfield , IL -- 13-Feb-09 Riverside Bank of the Gulf Coast -- Cape Coral, FL -- 13-Feb-09 Sherman County Bank -- Loup City, NE -- 13-Feb-09 Silver Falls Bank -- Silverton, OR -- 20-Feb-09 Security Savings Bank -- Henderson, NV -- 27-Feb-09 Heritage Community Bank -- Glenwood, IL -- 27-Feb-09 Freedom Bank of Georgia -- Commerce, GA -- 6-Mar-09 TeamBank, NA -- Paola, KS -- 20-Mar-09 Colorado National Bank -- Colorado Springs, CO -- 20-Mar-09 FirstCity Bank -- Stockbridge, GA -- 20-Mar-09 Omni National Bank -- Atlanta, GA -- 27-Mar-09 New Frontier Bank -- Greeley, CO -- 10-Apr-09 Cape Fear Bank -- Wilmington, NC -- 10-Apr-09 Great Basin Bank of Nevada -- Elko, NV -- 17-Apr-09 American Sterling Bank -- Sugar Creek, MO -- 17-Apr-09 First Bank of Idaho -- Ketchum, ID -- 24-Apr-09 First Bank of Beverly Hills -- Calabasas, CA -- 24-Apr-09 Michigan Heritage Bank -- Farmington Hills, MI -- 24-Apr-09 American Southern Bank -- Kennesaw, GA -- 24-Apr-09 America West Bank -- Layton , UT -- 1-May-09 Citizens Community Bank -- Ridgewood, NJ -- 1-May-09 Silverton Bank, NA -- Atlanta, GA -- 1-May-09 Westsound Bank -- Bremerton, WA -- 8-May-09 BankUnited, FSB -- Coral Gables, FL -- 21-May-09 Citizens National Bank -- Macomb, IL -- 22-May-09 Strategic Capital Bank -- Champaign, IL -- 22-May-09 Bank of Lincolnwood -- Lincolnwood, IL -- 5-Jun-09 First National Bank of Anthony -- Anthony, KS -- 19-Jun-09 Cooperative Bank -- Wilmington, NC -- 19-Jun-09 Southern Community Bank -- Fayetteville, GA -- 19-Jun-09 Mirae Bank -- Los Angeles, CA -- 26-Jun-09 MetroPacific Bank -- Irvine, CA -- 26-Jun-09 Horizon Bank -- Pine City, MN -- 26-Jun-09 Neighborhood Community Bank -- Newnan, GA -- 26-Jun-09 Community Bank of West Georgia -- Villa Rica, GA -- 26-Jun-09 Founders Bank -- Worth , IL -- 2-Jul-09 Millennium State Bank of Texas -- Dallas, TX -- 2-Jul-09 First National Bank of Danville -- Danville, IL -- 2-Jul-09 Elizabeth State Bank -- Elizabeth, IL -- 2-Jul-09 Rock River Bank -- Oregon, IL -- 2-Jul-09 First State Bank of Winchester -- Winchester, IL -- 2-Jul-09 John Warner Bank -- Clinton, IL -- 2-Jul-09
Message edited by: Absolut9 on 2009-07-05 21:01:38 CDT
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doerrb said:Or, you could just rely on the FDIC's consolidated list... http://www.fdic.gov/bank/individual/failed/banklist.html I think Absolut9 wanted to have all the DISCUSSIONS regarding bank failures (which arguably is going to be a weekly affair for a while) in a single thread. Green to OP!
uutxs said:doerrb said:Or, you could just rely on the FDIC's consolidated list... http://www.fdic.gov/bank/individual/failed/banklist.html I think Absolut9 wanted to have all the DISCUSSIONS regarding bank failures (which arguably is going to be a weekly affair for a while) in a single thread. Green to OP!If the objective is to avoid creating new threads, yet the original post links back to previous threads for each incident, is that not ENCOURAGING new threads for each incident?
If, instead, we'd like to consolidate discussion of all bank failures in one thread, I think it's helpful to have a constantly, instantaneously updated list of officially failed banks -- which the FDIC already provides -- and a consolidated discussion thread. I was just providing a handy reference for officially failed banks, per FDIC.
I really don't care how it's done. If we're aiming to MINIMIZE posts on this repetitive posting theme ("Bank XYZ Fails, and Presumably You Haven't Been Paying Attention to the News, So I'm Going to Announce It Here On FW!"), I'm all for it. If folks haven't figure out how to allocate their assets across accounts, or don't understand FDIC insurance, then they're probably beyond the help of FW -- or, at least, beyond help if they don't know how to search.
Thank you, OP, for linking to the FDIC's individual bank failure announcements. I should've made it more clear in my original post that I think this is valuable. What I hope to NOT replicate, though, is a discussion thread for each podunk bank that goes kaput.
I do have an account there but had no idea about this; got no intimation from them. I actually made a deposit this morning (still not knowing anything about this) at a different CU (CU shared branch). It was when I later logged into my Valley CU a/c, just to make sure the deposit posted that I noticed the link on the Valley CU main webpage. The link, although conpicuous, by itself does not indicate anything about being under NCUA conservatorship, until you click and read contents. Indeed I did not bother to click the link until I checked my balance and logged out and purely out of curiosity checked it on my way out!
Message edited by: uutxs on 2008-09-04 16:31:51 CDT
thok said:hejustlaughs said:Hopefully the daily new threads asking about WAMU being next will be weekly.
WAMU's going under? CRAP! I'd better pull out my $3000, I don't want to lose it. I've said it before, and I'll say it again: The worse the trouble, the better the interest rates!
sechs said:thok said:hejustlaughs said:Hopefully the daily new threads asking about WAMU being next will be weekly.
WAMU's going under? CRAP! I'd better pull out my $3000, I don't want to lose it. I've said it before, and I'll say it again: The worse the trouble, the better the interest rates!
Sorry, forgot to add the <sarcasm> </sarcasm> tags.
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