Back to Financial News
Reply
Friday, January 22, 2010 - 8:36 PM

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

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
KenBDGKenBDG5,178 posts since
Nov 29, 2009
Rep Points: 117,676
Reply