2011-01-28bankimplode.com

FirsTier Bank, Louisville, Colorado, is the tenth FDIC-insured institution to fail in the nation this year, and the second in Colorado. Unable to find a buyer for the bank’s decrepit assets the FDIC created the Deposit Insurance National Bank of Louisville (DINB), which will remain open until February 28, 2011, to allow depositors access to their insured deposits and time to open accounts at other insured institutions. Read our full coverage here.



Comments: Be the first to add a comment

add a comment | go to forum thread