Saturday, February 19, 2011

BANKS FAIL: Failure list Februrary 18, 2011

Breaking news this AM caught my eye: 4 banks failed - info released Friday. I went to the FDIC page and found more.

Talk in many circles is that the dollar is devaluing (buy gold) and that by summer the dollar may be well close to dead if not totally worthless.  In other circles people seem oblivious to the what is happening other than the CPI (consumer price index) raises every month and gas prices are killing them - raising the price per gallon almost daily.

This is just burning me up that smaller banks are failing while larger banks that have harmed the country with foreclosure fraud, mortgage fruad, toxic loan and greed are bailed out and left standing... Below is partial list from the FDIC page. you can find more information at

FDIC: Failed Bank List -

Bank Name




Acquiring Institution

Closing Date

Updated Date

Habersham BankClarkesvilleGA151SCBT National AssociationFebruary 18, 2011February 18, 2011
Citizens Bank of EffinghamSpringfieldGA34601Heritage Bank of the SouthFebruary 18, 2011February 18, 2011
San Luis Trust Bank, FSBSan Luis ObispoCA34783First California BankFebruary 18, 2011February 18, 2011
Charter Oak BankNapaCA57855Bank of MarinFebruary 18, 2011February 18, 2011
Badger State BankCassvilleWI13272Royal BankFebruary 11, 2011February 18, 2011
Peoples State BankHamtramckMI14939First Michigan BankFebruary 11, 2011February 18, 2011
Canyon National BankPalm SpringsCA34692Pacific Premier BankFebruary 11, 2011February 18, 2011
Sunshine State Community BankPort OrangeFL35478Premier American Bank, N.A.February 11, 2011February 18, 2011
American Trust BankRoswellGA57432Renasant BankFebruary 4, 2011February 11, 2011
North Georgia BankWatkinsvilleGA35242BankSouthFebruary 4, 2011February 11, 2011
Community First Bank ChicagoChicagoIL57948Northbrook Bank & TrustFebruary 4, 2011February 10, 2011
First Community BankTaosNM12261U.S. Bank, National AssociationJanuary 28, 2011February 10, 2011
FirsTier BankLouisvilleCO57646No AcquirerJanuary 28, 2011February 2, 2011
Evergreen State BankStoughtonWI5328McFarland State BankJanuary 28, 2011February 10, 2011
The First State BankCamargoOK2303Bank 7January 28, 2011February 10, 2011
United Western BankDenverCO31293First-Citizens Bank & Trust Co.January 21, 2011February 10, 2011
The Bank of AshevilleAshevilleNC34516First BankJanuary 21, 2011February 10, 2011
CommunitySouth Bank & TrustEasleySC57868CertusBank, National AssociationJanuary 21, 2011February 10, 2011

source: FDIC for more complete fail list click on title link

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