FDIC Releases

December 23, 2008

December 10, 2008

  • FDIC Reiterates the Guarantee of Federal Deposit Insurance

    December 10, 2008 FDIC Press Release:
    CNBC/Portfolio.com Survey Finds Some Americans Uncertain About FDIC Protection
    The Federal Deposit Insurance Corporation today reminded the American public about the iron-clad protections depositors receive when placing their money in insured financial institutions, including the fact that in the 75-year history of the FDIC no one has lost even a penny of federally insured deposits. (…)

December 4, 2008

November 24, 2008

November 22, 2008

  • U.S. Bank Acquires All the Deposits of Two Southern California Institutions

    Downey Savings & Loan Association, Newport Beach and PFF Bank & Trust, Pomona

    FOR IMMEDIATE RELEASE
    November 21, 2008

    Media Contact:
    Andrew Gray (202) 898-7192
    Cell: (202) 494-1049
    David Barr: (202) 898-6992
    Cell: (703) 622-4790

    U.S. (…)

  • Bank of Essex, Tappahannock, Virginia Acquires All the Deposits of the Community Bank, Loganville, GA

    FOR IMMEDIATE RELEASE
    November 21, 2008

    Media Contact:
    David Barr:
    Office – 202-898-6992
    Cell – 703-622-4790
    dbarr@fdic.gov

    The Community Bank, Loganville, Georgia, was closed today by the Georgia Department of Banking and Finance, and the Federal Deposit Insurance Corporation (FDIC) was named receiver. (…)

  • FDIC Board of Directors Approves TLGP Final Rule

    Industry Funded Program Fully Backed by FDIC Guarantee; Will Promote Lending

    FOR IMMEDIATE RELEASE
    November 21, 2008

    Media Contact:
    Andrew Gray (202) 898-7192

    The Board of Directors of the Federal Deposit Insurance Corporation (FDIC) today approved a final rule to strengthen the agency's Temporary Liquidity Guarantee Program (TLGP). (…)

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