FIs closed
Financial Institutions closed or obliged to be taken over; also suspension, cancellation or revocation of authorisations.
FIs Closed: Bartow County Bank, Cartersville, Georgia, USA
On Friday, April 15, 2011, Bartow County Bank, Cartersville, Georgia, USA was closed by the Georgia Department of Banking and Finance, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
FIs Closed: Superior Bank, Birmingham, Alabama, USA
On Friday, 15 April, 2011, Superior Bank, Birmingham, Alabama, USA was closed by the Office of Thrift Supervision and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
FIs closed: Nevada Commerce Bank, Las Vegas, Nevada, USA
On Friday, April 8, 2011, Nevada Commerce Bank, Las Vegas, NV was closed by the Nevada Department of Business and Industry, Division of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
FIs closed: Western Springs, National Bank and Trust, Western Springs, Illinois, USA
On Friday, 8 April, 2011, Western Springs National Bank and Trust, Western Springs, Illinois was closed by the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
FIs closed: The Bank of Commerce, Woodvale, Illinois, USA
On Friday, 25 March, 2011, The Bank of Commerce, Wood Dale, IL was closed by the Illinois Department of Financial & Professional Regulation-Division of Banking and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
FIs closed: Legacy Bank, Milwaukee, Wisconsin, USA
On Friday, March 11, 2011, Legacy Bank, Milwaukee, Wisconsin was closed by the State of Wisconsin Department of Financial Institutions, Division of Banking and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
FIs closed: First National Bank of Davis, Davis, Oklahoma, USA
On Friday, 11 March 11, 2011, The First National Bank of Davis, Davis, Oklahoma was closed by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
FIs Closed: Devgroup Funds Management Limited, Australia
The Australian Securities and Investments Commission has cancelled the Australian Financial Services Licence of Devgroup Funds Management Limited (Devgroup) following concerns the company has failed to resolve continuing breaches of its licence conditions.
FIs Closed: Valley Community Bank, St. Charles, Illinois, USA
On Friday, 25 February, 2011, Valley Community Bank, St. Charles, IL was closed by the Illinois Department of Banking & Financial Regulation - Division of Banking and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
FIs closed: Morry Hoffman Agency, Inc., Pennsylvania, USA
The Pennsylvania Insurance Department has shut down Pittsburgh-based Morry Hoffman Agency, Inc. for allegedly misappropriating USD1 million in premiums. That's code for collecting them from customers and keeping the money.