Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Back to Financial News

Bank Failure #8 & #9 of 2010: Evergreen Bank, Seattle, WA & Columbia River Bank, The Dalles, OR

Friday, January 22, 2010 - 8:36 PM
From the FDIC
the FDIC entered into a purchase and assumption agreement with Umpqua Bank, Roseburg, Oregon, to assume all of the deposits of Evergreen Bank
Another FDIC press release
the FDIC entered into a purchase and assumption agreement with Columbia State Bank, Tacoma, Washington, to assume all of the deposits of Columbia River Bank
That makes 5 bank failures for the day with at least one in each of the major time zones.
1
Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
Rep Points: 123,743
Reply