Hume Bank
Hume Bank, Hume, Missouri, with approximately $18.7 million in assets was closed. Security Bank, Rich Hill, Missouri has agreed to assume the insured deposits (approximately $12.5 million). (PR-21-2008)
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.
Hume Bank, Hume, Missouri, with approximately $18.7 million in assets was closed. Security Bank, Rich Hill, Missouri has agreed to assume the insured deposits (approximately $12.5 million). (PR-21-2008)
(L-R) Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair, US Treasury’s Comptroller of the Currency John Dugan, Director of Office of Thrift Supervision John Reich, National Credit Union Administration (NCUA) Chairman JoAnn Johnson, Federal Reserve Board Vice Chairman Donald Kohn, and Superintendent of Banking of State of Iowa Thomas Gronstal.
The following is the list of [...]