beSpacific: Largest Bank Failure this Year: FDIC Closes Colonial ...
By Sabrina I. Pacifici -
Largest Bank Failure this Year: FDIC Closes Colonial BancGroup. Failed Bank Information Information for Colonial Bank, Montgomery AL. "On Friday, August 14, 2009, Colonial Bank, Montgomery, AL was closed by the Alabama State Banking ...
beSpacific - http://www.bespacific.com/ Colonial BancGroup becomes biggest bank failure of 2009 (2 ...
From 1 July until today, FDIC has been hit for $6.147 Billion in costs related to bank closures. It will be interesting to see 2nd quarter results (to 30 June) to see how close to zero the FDIC fund is. I'm sure they must be ready to ...
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