Regulators closed two more US banks on Friday, including Western Commercial Bank in Woodland Hills, California, with $101.1 million in deposits. The two bank failures will cost the federal deposit-insurance fund a combined $223.6 million. K Bank, based in Randallstown, Md., with $538.3 million in assets, was also closed. The bank shutdowns bring the 2010 […]
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California’s Western Commercial Bank Shut Down
Friday, November 5th, 2010 | Comments Off on California’s Western Commercial Bank Shut Down
Is Your California Bank Likely to Fail? Check the List!
Wednesday, July 7th, 2010 | Comments Off on Is Your California Bank Likely to Fail? Check the List!
Banks are in trouble. As you know, the FDIC identifies banks in danger of failing, and has over 700 banks on its problem list. So far this year, over 80 banks have failed. People usually don’t worry about their bank deposits because of the FDIC guarantees on savings accounts up to $250,000, but they still […]
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