Relevant:
- Imploded: Blue Ridge Savings Bank, Inc., Asheville, North Carolina
- Imploded: Waccamaw Bank, Whiteville, North Carolina
- Imploded: Williamsburg First National Bank, Kingstree, South Carolina
- Imploded: BankMeridian, N.A., Columbia, South Carolina
- Imploded: Atlantic Bank and Trust, Charleston, South Carolina
2011-01-21 — bankimplode.com
Bank of Asheville, Asheville, North Carolina, is the sixth FDIC-insured institution to fail in the nation this year, and the first in North Carolina. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $56.2 million. Read our full coverage here.
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