Topic: Regional Banks and Savings Institutions

FirstMerit completes Chicago branch conversion

FirstMerit completes conversion of 24 branches in Chicago, adds 4 more in FDIC-led takeoverFirstMerit Corp. on Monday said it completed the conversion of 24 Chicago branches over the weekend, and acquired four others in a government-led takeover. FirstMerit switched 24 Chicago branches of First Bank to its nameplate on Saturday ...
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Banks in Calif., Ill., Fla., Texas are shut down

Regulators shut banks in Calif., Ill., Fla., Texas, putting US bank failures at 20 for yearRegulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures last year in the worst financial climate in decades ...
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Four more banks close, total hits 20 for 2010

WASHINGTON (Reuters) - Regulators seized four more U.S. banks on Friday, bringing the total for the year to 20. The Federal Deposit Insurance Corp, in charge of safeguarding bank deposits and resolving failed banks, has predicted that 2010 will be peak year for failures resulting from the recent financial crisis ...
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Regulators shut small Minnesota bank, 16th in 2010

<div id="subtitle">Regulators shut down small bank in Minnesota, making 16 US bank failures this year</div><div><p>Regulators have shut down a small bank in Minnesota, bringing to 16 the number of bank failures in the U.S. so ...
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