Browsing Tag

FDIC

Another Friday Night Special in Idaho

There is another bust in Idaho, the fourth today, at a cost of nearly $200 million on assets of only $488.9 million.  Ouch.  This is the 29th FDIC seizure in 2009. The FDIC issued the following press release about First Bank of Idaho:…

FDIC moves in at Great Basin Bank

From the FDIC website. More information available here: Great Basin Bank of Nevada, Elko, Nevada, was closed today by the Nevada Financial Institutions Division, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.…

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