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In addition to being the second bank to fail in 2024, the failure of The First National Bank of Lindsay marks the seventh time a federally-insured bank has failed going back to 2021.
The FDIC estimates the failure of First National Bank of Lindsay will cost its Deposit Insurance Fund about $43 million. The First National Bank of Lindsay reported about $108 million in assets.
Riverside National Bank of Florida Fort Pierce: Florida: 2010 $3.4 billion $4.8 billion Midwest Bank and Trust Company Elmwood Park: Illinois: 2010 $3.2 billion $4.5 billion First National Bank, also operating as The National Bank of El Paso Edinburg: Texas: 2013 $3.1 billion $4.1 billion [15] Superior Bank Birmingham: Alabama: 2011 $3.0 billion
Southeast was founded as the First National Bank of Miami on December 1, 1902. It was one of only two banks in Miami to survive the Great Depression. By 1946, it was the largest bank in Florida. [1] In 1969, the bank changed its name to Southeast Bank.
The First National Bank Corporation ran into troubled times in the 1980s, and failed. However, due to Oklahoma's liberalization of interstate banking, First Interstate Bank of Los Angeles assumed the assets of First National upon its failure in 1985, and opened under their new name the following day. At the time, First National's failure was ...
A bank regulator pulled the plug on Republic Bank on Friday, April 26, 2024. Republic last announced financial results in May 2023, when it reported a first-quarter loss of $9.7 million. That was ...
Bank, Mortgage lender [68] October 21, 2009: DSB Bank: Bank, Insurance [69] October 30, 2009: Cal National Bank: US Bancorp: Consumer and business bank [70] December 4, 2009: AmTrust Bank: New York Community Bank: Bank [71] [72] December 14, 2009: Hypo Real Estate: Government of Germany: Bank, Mortgage lender December 18, 2009: First Federal ...
National Credit Union ... Similarly, there were five Federal Deposit Insurance Corp. (FDIC) bank failures in 2023 and one bank failure so far this ... First Kingdom Community Credit Union, Selma ...