Credit Writedowns

Many more FDIC Friday night specials tonight

By Edward Harrison On Aug 21, 2009

I count three already. Here they are:

ebank, Atlanta, GA

Stearns Bank, National Association, St. Cloud, Minnesota, Assumes All of the Deposits of ebank Atlanta, Georgia

CapitalSouth Bank, Birmingham, Alabama

IBERIABANK, Lafayette, Louisiana, Assumes All of the Deposits of CapitalSouth Bank, Birmingham, Alabama

First Coweta, Newnan, Georgia

United Bank, Zebulon, Georgia, Assumes All of the Deposits of First Coweta, Newnan, Georgia

More may come as the night wears on.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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