FDIC Terminates Receiverships for 11 Failed Banks
February 06, 2025
February 06, 2025
WASHINGTON, Feb. 6 (TNSFR) -- The Federal Deposit Insurance Corporation (FDIC) has officially terminated the receiverships of 11 failed banks across multiple states, completing the process of liquidating assets and distributing required dividends.
Among the institutions affected are Warren Bank in Michigan, Rockbridge Commercial Bank in Georgia, and Premier Bank in Missouri, with all receiverships ceasing to exist as legal entities as of February 1, 2025. The FDIC, acting as the ap . . .
Among the institutions affected are Warren Bank in Michigan, Rockbridge Commercial Bank in Georgia, and Premier Bank in Missouri, with all receiverships ceasing to exist as legal entities as of February 1, 2025. The FDIC, acting as the ap . . .