Failures

Former Tennessee Commerce exec admits to misleading FDIC

04/25/17

Lamar Cox pleaded guilty to hiding losses while the bank held government funds. Tennessee Commerce failed in 2012.

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Incredible shrinking bank populations

04/13/17

The number of U.S. banks has fallen by 24% since the end of 2010, a result of mergers, failures and a dearth of de novo activity. Here are the 10 states with the biggest declines as a percentage of total banks headquartered in the state, according to Federal Deposit Insurance Corp. data.

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Proficio Bank becomes first Utah failure in six years

03/03/17

Cache Valley Bank in Utah agreed to buy Proficio's deposits and most of its assets.

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Illinois state regulators close second bank of the year

01/27/17

The failure of Seaway Bank, once the nation's biggest black-owned bank, cost the FDIC $57.2 million.

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