by CVSafeBox | Apr 29, 2011 | FDIC, Financial
Federal regulators issued major enforcement actions on Friday. Three banks in Colorado; Bank of Choice, Signature Bank and Pueblo Bank and Trust; were given directives by the Federal Deposit Insurance Corporation (FDIC) to raise capital or risk being shut down. When a... by CVSafeBox | Apr 6, 2011 | FDIC, Financial
Fed documents show how dire crisis was becoming In August 2007, as world financial markets were seizing up, domestic and foreign banks began lining up for cash from the Federal Reserve Bank of New York. That Aug. 20, Commerz bank of Germany borrowed $350 million at... by CVSafeBox | Feb 10, 2011 | Entrepreneur, FDIC, Financial
FirsTier of Louisville; a small community bank in Colorado; was taken over by the FDIC a couple of weeks ago. It is now on the long list of failed banks in the U.S.; let me ask you this, was FirsTier’s leadership negligent in its strategy? FirsTier had the... by CVSafeBox | Feb 1, 2011 | FDIC, Financial, Safe Deposit Box
FirsTier Bank of Louisville Bank Closure Information Press Release 2.1.2011 2/1/2011 The Colorado Banking Division had no additional information for customers on the closure of FirsTier Bank of Louisville. (http://www.denverpost.com/search/ci_17254790) 2/1/2011... by CVSafeBox | Jan 29, 2011 | FDIC, Financial, Safe Deposit Box
FirsTier Bank, Louisville, Colorado January 29, 2011 – 12:54 am FirsTier Bank, Louisville, Colorado, is the tenth FDIC-insured institution to fail in the nation this year, and the second in Colorado. Unable to find a buyer for the bank’s decrepit assets the FDIC... by CVSafeBox | Jan 22, 2011 | FDIC, Financial, Safe Deposit Box
The FDIC swooped in and closed another bank in Colorado. United Western Bank had been struggling for some time. The financial institution finally had to close after trying to raise capital. United Western is the largest bank failure in Colorado since New Frontier...