On Friday, Oct. 18, the First National Bank of Lindsay in south central Oklahoma, was reported closed by the Department of Treasury’s Office of Comptroller of the Currency over “false and deceptive” ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LINDSAY, Okla. (KFOR) — Residents in the ...

Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures last year in the worst financial climate in ...

Warnings about a looming wave of bank closures are colliding with a very different reality on the ground: a steady, managed ...

Learn how these federal agencies safeguard your deposits at credit unions and banks, offering protection up to $250,000 per ...

The Federal Deposit Insurance Corp. on Friday narrowed the requirements big banks must follow when submitting emergency wind-down blueprints — known as resolution plans — in an attempt to streamline ...

On Friday, November 21, the Federal Deposit Insurance Corp bowed to the demands of the US banking industry and improved the terms of the guarantee of newly issued senior unsecured bank debt that it ...

NEW YORK (AP) — The U.S rushed to seize the assets of Silicon Valley Bank on Friday after a run on the bank, the largest failure of a financial institution since Washington Mutual during the height of ...

Bank failures stem from an inability to meet obligations due to asset reductions. FDIC insures deposits up to $250,000, providing safety for bank customers. SVB failed due to bond losses and ...

Federal regulators say the rash of bank failures that are depleting the deposit insurance fund will likely cost about $100 billion over the next four years. To shore up the fund, the FDIC board has ...

The Federal Deposit Insurance Corp. said the cost of 2010's 157 bank failures to the deposit insurance fund was $24.18 billion, about a $2 billion increase from a previous estimate, announced data ...

LOS ANGELES, Jan 29 (Reuters) - Six more U.S. banks were seized on Friday as regulators continue to close the doors of banks struggling to cope with fallout from the financial crisis. Sign up here.