Federal Deposit Insurance Corp.
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As the economy recovers, the potential for FDIC (Federal Deposit Insurance Corp.) acquisitions continues to diminish, yet traditional merger and acquisition activity has not returned ... While we believe there may be opportunities to acquire healthy banks down the road, we have decided to expand organically by opening a new branch on the Eastside of Seattle. This area has a healthy and dynamic business climate, and we are confident this new location will be a solid addition to our franchise.
The (Tennessee Commerce) acquisition has been an excellent experience for our associates and a solid, long-term growth opportunity for the shareholders ... In the near term, the company hopes to continue growing through, to the extent available, (Federal Deposit Insurance Corp.)-assisted acquisitions.
An investment in a money-market fund is not insured or guaranteed by the Federal Deposit Insurance Corp. or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fundMore quotes »
Newsday's coverage
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FDIC: Bank earnings hit five-year high in 2011
More earnings and fewer troubled banks suggest the industry has healed since the 2008 financial crisis.The Federal Deposit Insurance Corp. said Tuesday that bank earnings rose in the October-December quarter to $26.3 billion. That's 23 percent higher than Read more »
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Bank closed in Georgia makes 10 failures in 2012
U.S. bank failures this year.That represents a slower pace than last year, when there were 92 bank closures.The Federal Deposit Insurance Corp. on Friday seized Central Bank of Georgia, based in Ellaville.The bank had about $278.9 million in assets and $266.6 Read more »
Around the web
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Feds slow Opera House renovation
— Town officials say they will not wait much longer to resolve an issue with the Federal Deposit Insurance Corp. that could cost them $200,000 in federal tax credits for the Norway Opera House renovation project. The Norway Opera House has six storefronts, 5/30/12 from Sun Journal Read more »
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Almost 75% of Florida Banks Now Eke Out a Profit
Bank Insight, not including Security Bank, NA of North Lauderdale, which failed on May 4, and was purchased from the Federal Deposit Insurance Corp. by Branesco USA of Coral Gables, Fla. Please see TheStreet's Bank Watch List for a full listing of all the 5/30/12 from The Street Read more »
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George C. Ford wrote a new blog post: Iowa banks post strong asset quality improvement in first quarter
improvement in the quality of their assets in the first quarter of 2012, according to data provided by the Federal Deposit Insurance Corp. and the Iowa Bankers Association. Net charge offs, a key indicator of asset quality, were down to 0.27 percent at the from The Gazette Read more »
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Action Line: Higher-yield checking accounts can be found
near zero percent, consumers assume they're also stuck with low-yielding deposit accounts if they want continued Federal Deposit Insurance Corp. funds protection. But a Bankrate.com 2012 survey created the list you seek, identifying a group of high-yield checking from Tulsa World Read more »
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Offer for Fyre Lake: Investor hopes for golf yet this year
Golf Club investor said he made an offer this week to acquire the multi-million dollar golf course from the Federal Deposit Insurance Corp. Blair Minton, of Bradley, declined to say how much he offered the FDIC, which took over the course in the collapse of from Quad-Cities Online Read more »
