Regulators shut down Bank of Whitman

WASHINGTON (AP) – Regulators have shut down a small bank in Illinois and one in Washington, lifting to 63 the number of U.S. bank failures this year. The Federal Deposit Insurance Corp. seized.

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WASHINGTON — Regulators have shut down three more banks — in Georgia, New Jersey and Utah — bringing the number of bank failures this year to 32. Regulators shut down Atlanta bank, 2 others.

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RACINE – When regulators shut down the failed Bank of Elmwood on Oct. 23, depositors were protected from monetary losses – but the employees were not.

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State and federal banking regulators shut down the Bank of Whitman Friday night, transferring much of its assets to Tacoma-based Columbia Banking System. Eight of the bank’s 20 branches will re-open Monday as Columbia State Bank.

WASHINGTON (AP) – Regulators have shut down a small bank in Illinois and one in Washington. with $110.7 million in assets and $104 million in deposits. Bank of Whitman, in Colfax, Wash., with.

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Regulators shut down the First Bank of Beverly Hills on Friday, saying they could find no buyer for the one-branch institution after a takeover by an illinois financial firm fell through.

Regulators shut down lenders in Arizona, Florida and Kansas, bringing the number of bank failures to 133. The institutions shut down were Valley Capital Bank of Mesa, Ariz.; Republic Federal Bank in Miami; and SolutionsBank in Overland Park, Kan. The Federal Deposit Insurance Corp. sold each bank to another institution.

Failed Bank List. The FDIC is often appointed as receiver for failed banks. This page contains useful information for the customers and vendors of these banks. This includes information on the acquiring bank (if applicable), how your accounts and loans are affected, and how vendors can file claims against the receivership.

Regulators shut down amcore bank. amcore Bank, a Rockford, Ill., bank with a significant presence in the Madison area, was closed Friday evening by regulators. The Federal Deposit Insurance Corp. said the 58 branches of Amcore in Illinois and Wisconsin will reopen Saturday as branches of Chicago-based Harris Bank,

CHICAGO (WBBM) – Federal regulators have shut down another Illinois bank. On Friday, regulators shut down a bank in Illinois and one in Washington-state, bringing the number closed this year to 63..