Relevant:
- Imploded: Bank of Asheville, Asheville, North Carolina
- Imploded: Blue Ridge Savings Bank, Inc., Asheville, 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
2012-06-09 — bankimplode.com
Waccamaw Bank, Whiteville, North Carolina, is the 28th FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $51.1 million. Read our full coverage here.
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