WASHINGTON, Oct. 23 (UPI) -- A bank in Florida had the dubious distinction of being the 100th U.S. bank failure for the year, the Office of Thrift Supervision said Friday.
WASHINGTON, Sept. 22 (UPI) -- Senior regulators say the Federal Deposit Insurance Corp. is contemplating borrowing money from healthy U.S. banks to keep its deposit insurance fund solvent.
NEW YORK, Aug. 31 (UPI) -- The number of U.S. banks shut to date in 2009 is triple the number that failed in 2008, government regulators said.
WASHINGTON, Aug. 27 (UPI) -- The safety net for U.S. bank depositors dropped 20 percent in the second quarter, the Federal Deposit Insurance Co. said Thursday.
MONTGOMERY, Ala., Aug. 15 (UPI) -- The Federal Deposit Insurance Corp. says it has sold failed southern U.S. bank Colonial BancGroup Inc. to BB&T Corp.
WASHINGTON, May 23 (UPI) -- The U.S. Federal Deposit Insurance Corp. says it will charge banks more to insure investors' deposits as bank failures drain FDIC insurance funds.
WILMINGTON, N.C., April 11 (UPI) -- Banks in Wilmington, N.C., and Greeley, Colo., have been closed after receiving cease and desist orders from the Federal Deposit Insurance Corp.
WASHINGTON, Feb. 27 (UPI) -- Federal funds used to back up U.S. banks dropped to $19 billion at the end of 2008, the lowest amount since 1993, the Federal Deposit Insurance Corp. said.
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, July 14 (UPI) -- The U.S. Federal Deposit Insurance Corporation Wednesday revised the reserve ratios for its bank and savings association insurance funds.
