Bank Name | City | State | CERT # | Closing Date | Updated Date |
|---|---|---|---|---|---|
| San Joaquin Bank | Bakersfield | CA | 23266 | October 16, 2009 | October 16, 2009 |
As of 9:23 PDT, the FDIC has closed one (1) bank -- San Joaquin Bank, of Bakersfield, California.
San Joaquin Bank will cost $103 million against the FDIC insurance fund.
The total amount charged against the FDIC insurance fund today is $103 million! Surprisingly, there has only been one (1) bank closing in the last two (2) weeks. Perhaps the bankers do not want to cross that 100th closed bank threshold just yet. However, the next bank that closes will be the 100th bank to close in the United States this year. This is not the type of milestone you want to accomplish!
San Joaquin Bank will cost $103 million against the FDIC insurance fund.
The total amount charged against the FDIC insurance fund today is $103 million! Surprisingly, there has only been one (1) bank closing in the last two (2) weeks. Perhaps the bankers do not want to cross that 100th closed bank threshold just yet. However, the next bank that closes will be the 100th bank to close in the United States this year. This is not the type of milestone you want to accomplish!
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