August 4th, 2008
Another Bank, First Priority Bank, FL (FDIC# 57523) was taken over by the FDIC on Friday, August 1, 2008. The insured deposits have been transferred over to SunTrust Bank, Georgia (FDIC# 867).
This follows another takeover a couple of weeks ago of First National Bank of Nevada and First Heritiage Bank. The insured deposits were transferred to Omaha National Bank.
This brings me to my latest article. I actually published it on Google’s new service, Knol. Here it is, Calculating FDIC and NCUA Insurance.
Let me?know what you think.
-- By +Chris Duncan