Banking
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Two More Banks Bite the Dust
May 26, 2009Two Illinois Banks, holding combined assets of $974 million, were shut down Friday by federal regulators, marking the 35th and 36th US bank failures of 2009. Strategic Capital Bank and Citizens National Bank were both placed in receivership of the Federal Deposit Insurance Corporation. On behalf of Strategic Capital, the FDIC entered into a purchase and assumption agreement with Midland States Bank to assume all of Strategic Capital’s deposits, totaling approximately $471m.
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UK Commercial Market Player Resumes Lending
May 26, 2009 -
Putting TARP to Work
May 22, 2009 -
Changing Heads at Fannie’s Single-Family Business
May 22, 2009 -
Fannie Program Sees 70% Recidivism
May 22, 2009 -
Interest Rates Contract as Fed’s Efforts Widen
May 21, 2009 -
Applications Favor Refinance
May 20, 2009 -
Two Housing Bills Set to Become Law
May 20, 2009 -
TALF Expands to Include Legacy CMBS
May 19, 2009 -
TARP Repayment Line Grows
May 19, 2009 -
Residential Delinquencies Soar in Q109
May 19, 2009
