10.15.2010
updated 10.18.2010
132 Bank Failures in 2010
original article written by Net Advisor™
The following are the recent bank failures to post date:
Bank Name |
City |
State |
CERT # |
Closing Date |
2010 Failure # |
|---|---|---|---|---|---|
| Premier Bank | Shoreline | MO | 34016 | Oct. 15, 2010 | #132 |
| WestBridge Bank and Trust Company | Chesterfield | MO | 58205 | Oct. 15, 2010 | #131 |
| Security Savings Bank, F.S.B. | Olathe | KS | 30898 | Oct. 15, 2010 | #130 |
The FDIC seized three more failed banks today. All banks acquired by other financial institutions under FDIC approval and financial subsidized assistance. These three new bank failures have cost the FDIC a reported $507.8 million.
“The FDIC’s list of “problem” banks climbed to 829 lenders with $403 billion in assets at the end of the second quarter, a 7 percent increase from the 775 in the first quarter.“— Source: SF Gate
Read more about the latest GAO report on TARP bank bailouts.
See the other bank failures and history on our Bank Failure Tracker
(Chart Data Source: FDIC)
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