WASHINGTON, Feb. 26 (UPI) -- The federal insurance fund that guarantees the security of U.S. bank deposits is being drained by the rise in financial institution failures, officials said.
WASHINGTON, Jan. 24 (UPI) -- The 1st Centennial Bank of Redlands, Calif., has been closed by the California Department of Financial Institutions, the Federal Deposit Insurance Corp. says.
BERKELEY, Ill., Jan. 17 (UPI) -- The National Bank of Commerce of Berkeley, Ill., has become the first U.S. bank to fail in 2009, officials said.
WASHINGTON, Dec. 3 (UPI) -- A Federal Deposit Insurance Corp. survey found that young and poor depositors were hit with the majority of overdraft fees by U.S. banks.
WASHINGTON, July 16 (UPI) -- The FBI has begun a probe of failed California bank Indymac Bancorp, looking for possible fraud, a source said.
PASADENA, Calif., July 11 (UPI) -- The U.S. government Friday took over IndyMac Bank, with federal regulators calling the bank's failure the second-largest in U.S. history.
