2002 February | ShutDown At 5

FDIC Chairwoman Bair Too big to fail has become worse. Its become explicit when it was implicit before.

Treasury Sec. Geithner Most consequential choices involve shades of gray, and some fog is often useful in getting things done.

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Failed Bank List

Archive for: February, 2002

The Oakwood Deposit Bank

The Oakwood Deposit Bank Company, Oakwood, Ohio, with total deposits of approximately $60.2 million and total assets of about $72.3 million, was assumed by The State Bank and Trust Company of Defiance, Ohio. (PR-11-2002, PR-10-2002)

February 28, 2002 | Posted in On The Front Lines | Register To Read The Full Story »

NextBank

NextBank, N.A., Phoenix, Arizona, with total deposits of approximately $554 million and total assets of about $700 million, was approved for payout by the FDIC Board of Directors. (PR-16-2002).