WASHINGTON Newsecoinfo Reported - 28 banks in Illinois and Nevada was forced to close by the United States Financial Regulatory Agency in order to improve the economy and credit crunch.
Thus was launched Asociated Press, Saturday (04/09/2011). The banks covered by the Federal Deposit Insurance Corp. (FDIC) is the Western Springs National Bank and Trust, in Western Springs, Illinois, with total assets of USD186, 8 million and total deposits USD181, 9 million.
The same was done in Las Vegas, Nevada Commerce Bank, with total assets of USD144, 9 million and USD136, 4 million in deposits. Thus, Illinois became one of the hardest hit areas due to the many banks that failed.
Sixteen banks have closed in the state last year. Currently, the closure of Springs National Bank is the fourth bank failure in Illinois this year.
However, the bank closure this year recorded was lower than last year. In the same period last year, regulators have shut down 42 banks and total bank closed by the FDIC in 2010 were 157 banks.
FDIC has said that in 2010 probably was the peak of bank failures, if compared with 2009 that only 140 banks. karenannya FDIC said in 2010, is closing most since the crisis of the savings-and-loan two decades ago.
Increasing the number of bank failures has swallowed billions of dollars in losses from deposit insurance funds, where in 2009 the deficit has reached $ 7, 4 billion.
Meanwhile, the existing number of problem banks on the FDIC's secret list rose to 884 in the last quarter of last year, from 860 in the third quarter. 884 troubled banks is the highest number since 1993, during the crisis of the savings-and-loan.
FDIC expects the cost of bank failure resolution which totals approximately USD52 billion, to meet until 2014. (Newsecoinfo)
No comments:
Post a Comment