Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Market
Las Vegas Bank Closing Is 15th This Year
WASHINGTON (6/10/13)--The Federal Deposit Insurance Corp. announced one bank closing Thursday, which brings this year's total of failed U.S. banks to 15.   

That compares with nine credit union closings so far this year by the National Credit Union Administration.

1st Commerce Bank, North Las Vegas, Nev., was closed and will be assumed by Plaza Bank, Irvine, Calif., the FDIC said.

1st Commerce Bank, as of March 31, had roughly $20.2 million in total assets and $19.6 million in total deposits.  The FDIC estimates the cost of the closure to its deposit insurance fund to be $9.4 million.


RSS print
News Now LiveWire
#creditunion affinity card programs make the grade for schools See #NewsNow http://t.co/TThZIvMRTO
10 hours ago
Home-price appreciation softens further in July #NewsNow #Market http://t.co/0MXVy9sby0
11 hours ago
.@ChartwayFCU charitable arm, the We Promise Foundation, has reached the $1M fundraising milestone in a single year for the first time
12 hours ago
.@mncreditunions' Mark Cummins shares CU difference with @KIMTNews3 http://t.co/gkarhZxDRF
13 hours ago
.@LeagueofSECUs' brand campaign reaches 80M consumers #NewsNow #System http://t.co/yKmdYyXN2v
14 hours ago