Bank Failures in Brief
The list of Bank Failures
in Brief is updated through September 7, 2001. Please
address questions on this subject to the Customer Service Hotline
(telephone: 888-206-4662).
2001
BIF = Bank Insurance Fund
SAIF = Savings Association Insurance
Fund
September 7
(BIF)
Sinclair National Bank, Gravette, Arkansas, with
total assets of approximately $30.7 million and insured deposits of about
$25.3 million, was assumed by Delta Trust and Bank, Parkdale, Arkansas.
(PR-63-2001).
July 27
(SAIF)
The Federal Deposit Insurance Corporation today
transferred the insured deposits and substantially all the assets of
Superior Bank, FSB, Hinsdale, Illinois, to Superior Federal, FSB (New
Superior), a newly chartered, full-service mutual savings bank. Superior
Bank, with total assets of $2.3 billion and total deposits of $1.6
billion, was closed earlier today by the Office of Thrift Supervision, and
the FDIC was named conservator (PR-52-2001).
May 3
(BIF)
The Malta National Bank, Malta, Ohio, with total
deposits of approximately $8.8 million and total assets of $9.5 million,
was assumed by North Valley Bank, Zanesville, Ohio (PR-32-2001).
February 2 (BIF)
First
Alliance Bank Alliance Bank and Trust Company, Manchester, New Hampshire,
with total assets of approximately $18.4 million and total deposits of
about $17.5 million assumed by Southern New Hampshire Bank and Trust
Company, Salem, New Hampshire (PR-11-2001).
2013
2012
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2002