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Bank failure toll reaches 123 (FDIC Friday)
CNN Money ^ | 2009-11-13 | Hibah Yousif

Posted on 11/13/2009 7:49:24 PM PST by rabscuttle385

Regulators close two Florida banks and on in California, costing the FDIC $986.4 million.

NEW YORK (CNNMoney.com) -- Two Florida banks and one in California failed Friday night, bring the 2009 national tally to 123. Regulators closed Century Bank, Federal Savings Bank in Sarasota, Fla., Orion Bank in Naples, Fla., and Pacific Coast National Bank in San Clemente, Calif.

Customers of all the failed banks are protected, however. The Federal Deposit Insurance Corp., which has insured bank deposits since the Great Depression, currently covers customer accounts up to $250,000.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Government; US: California; US: Florida
KEYWORDS: bank; bankfailure; banking; banks; fdic; fdicfriday; financialcrisis; greatdepressionii; obamasfault
Failed Bank Information for Century Bank, F.S.B., Sarasota, Fl.

Failed Bank Information for Orion Bank, Naples, Fl.

Failed Bank Information for Pacific Coast National Bank, San Clemente, Calif.

1 posted on 11/13/2009 7:49:26 PM PST by rabscuttle385
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To: wafflehouse; Leisler; PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; nicksaunt; ...
*Ping!*
2 posted on 11/13/2009 7:50:42 PM PST by rabscuttle385 (Purge the RINOs! * http://restoretheconstitution.ning.com/)
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To: rabscuttle385

I picked the wrong day to start automatic transfers.


3 posted on 11/13/2009 7:54:04 PM PST by divine_moment_of_facts
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To: divine_moment_of_facts

Did your bank fail today?


4 posted on 11/13/2009 8:01:12 PM PST by rabscuttle385 (Purge the RINOs! * http://restoretheconstitution.ning.com/)
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To: rabscuttle385

http://bankimplode.com/


5 posted on 11/13/2009 8:03:06 PM PST by Pelham ("Badges?!! We don' need no stinkin' badges!!")
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To: rabscuttle385

No.. Just making a lame joke. :)


6 posted on 11/13/2009 8:28:50 PM PST by divine_moment_of_facts
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To: divine_moment_of_facts

Damn man don’t scare us like that. Next time put a picture of Lloyd Bridges from “Airplane” with it or something.


7 posted on 11/13/2009 8:55:38 PM PST by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: divine_moment_of_facts

And don’t call me Shirley!


8 posted on 11/13/2009 8:57:20 PM PST by REDWOOD99
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To: jiggyboy; REDWOOD99
Looks like I picked the wrong week to..
9 posted on 11/13/2009 9:23:56 PM PST by divine_moment_of_facts
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To: rabscuttle385

Friday’s are getting spooky...


10 posted on 11/14/2009 9:31:01 AM PST by GOPJ (ObamaCare - slush fund scam that would make Bernie Madoff blush.)
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To: divine_moment_of_facts

I live in Florida - two banks I bank with went under in the past year. One was bought out - the other not... I didn’t lose any money - just some sleep...


11 posted on 11/14/2009 9:33:10 AM PST by GOPJ (ObamaCare - slush fund scam that would make Bernie Madoff blush.)
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To: GOPJ
Not many of us are sleeping well with Dear Leader in power..
The FDIC running out of money is a real concern.. Oh wait.. They'll just counterfeit more! Oh wait.. They only do that for their cronies.. not us.
12 posted on 11/14/2009 9:53:51 AM PST by divine_moment_of_facts
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