Relevant:
- Imploded: Atlantic Bank and Trust, Charleston, South Carolina
- Imploded: Williamsburg First National Bank, Kingstree, South Carolina
- Imploded: Carolina Federal Savings Bank, Charleston, South Carolina
- Imploded: Woodlands Bank, Bluffton, South Carolina
- Imploded: BankMeridian, N.A., Columbia, South Carolina
2011-01-21 — bankimplode.com
CommunitySouth Bank and Trust, Easley, South Carolina, goes into the history books as fifth FDIC failed institution of 2011. The agency estimates that the cost to the Deposit Insurance Fund (DIF) will be $46.3 million. Read our full coverage here.
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