Federal Deposit Insurance Corporation
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Number 9: Columbian Bank and Trust
Aug 22, 2008The ninth bank to fail this year was announced by the Federal Deposit Insurance Corp. late Friday: The Columbian Bank and Trust Company, located in Topeka, Kansas. The FDIC said the failed bank had total assets of $752 million and total deposits of $622 million, of which there were approximately $46 million in uninsured deposits. The bank’s insured deposits were purchased by Chillicothe, Missouri-based Citizens Bank and Trust, according to a statement by the FDIC; Columbian’s nine branches will reopen Monday as branches of Citizen.
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Outrage, Indifference Over FDIC’s ‘Bailout’ Plan
Aug 21, 2008 -
FDIC Releases Details on IndyMac Loan Mods; Questions Remain
Aug 20, 2008 -
Downey: Growth in Non-Performing Assets Slows
Aug 15, 2008 -
For the FDIC, a Servicing Transfer of Historic Proportions
Jul 29, 2008 -
Two More Banks Head into FDIC Hands
Jul 28, 2008 -
FDIC, Subprime Lender?
Jul 21, 2008 -
IndyMac foreclosures halted by the FDIC
Jul 14, 2008 -
IndyMac Fails; OTS, Schumer Point Fingers
Jul 11, 2008 -
FDIC Warns Banks on HELOC Freezes, REO Management
Jul 01, 2008 -
FDIC’s Bair: ‘Playbook’ Needed for Failure of Investment Banks
Jun 18, 2008 -
Eroding Loss Coverage at Banks a “Worrisome Trend,” FDIC Says
May 29, 2008