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TNDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-29-08 08:11 AM
Original message
FDIC failed banks - what happened to the list?
Edited on Sat Mar-29-08 08:12 AM by TNDemo
I have been occasionally checking the FDIC site for failed banks since they had given notice that they expected a large number of failures. In early March Hume Bank (which I think is Missouri...) failed and was on that list for a couple of weeks. Now I look and they are gone. If you google it there are articles about the bank failing but they are no longer listed with FDIC as a failed bank. Did they unfail? Or can we trust the FDIC to be honest to list the failures?
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rgbecker Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-29-08 08:18 AM
Response to Original message
1. Good News! Maybe failed but then sent to GITMO.
Out of sight, out of mind.
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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-29-08 08:19 AM
Response to Original message
2. Last I heard they are hiring more auditors
Edited on Sat Mar-29-08 08:20 AM by FreakinDJ
Just like in George Bushs Flourishing Economy bank failures are all the rage and FDIC is gearing up to throw tax payers hard earned dollars at yet another round of inept CEOs follies.

Did we pay off the last round of S&L failures yet?

Oh ya - God forbid we give federal loans to them irresponsible home owners
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-29-08 01:23 PM
Response to Original message
3. It's still there
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DemReadingDU Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-29-08 03:57 PM
Response to Reply #3
4. But Hume bank is no longer listed at the FDIC failed bank list
Edited on Sat Mar-29-08 04:03 PM by DemReadingDU

3/11/08 The Missouri Division of Finance was in Hume Friday to close the Hume Bank.

D. Eric McClure, Commissioner of Finance for the State of Missouri, took possession of Hume Bank, Hume, Mo., effective at the close of business Friday. It is the second bank failure in the nation in 2008; the first was the Douglass National Bank, with three branches in Kansas City -- two in Kansas and one in Missouri which failed in January. Branches of Douglass National Bank reopened as part of a Louisiana bank, according to the Kansas City Star.

more...
http://www.nevadadailymail.com/story/1317070.html


Bank Closing Information for Hume Bank, Hume, MO
http://www.fdic.gov/bank/individual/failed/Hume.html

edit for links


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richardsonfan Donating Member (9 posts) Send PM | Profile | Ignore Sat Mar-29-08 07:29 PM
Response to Reply #4
5. Thanks for the information...
I didn't know that the FDIC had this list on-line.
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-29-08 10:43 PM
Response to Reply #5
6. another section of the list gives failures by year,,verrrry interesting
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