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List of bank failures in the United States (2008–present) - Wikipedia ...

en.wikipedia.org/wiki/List_of_bank_failures_in_the_United_States_(2008–present)

The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 ... A bank failure is the closing of a bank by a federal or state banking ... into Receivership, the FDIC acts in t...

SEC Files Securities Fraud Claim Against Failed Bank Officials | The ...

www.dandodiary.com/2012/04/articles/failed-banks/sec-files-securities-fraud-claim-against-failed-bank-officials/

Apr 9, 2012 ... In the its complaint (here), the FDIC as receiver for the failed bank seek to recover ... 2012 filing in the Western District of Oklahoma (here), the parties to the FDIC's lawsuit ... The First State Bank of Altus failed on July 31, 2009. ... The D&O insurance marketplace has responded to these concerns, as many ...

Mark Arciero - US Court of Appeals, Tenth Circuit Opinions

ca10.washburnlaw.edu/cases/2013/12/12-6287.pdf

Dec 20, 2013 ... directors took out large loans from First State Bank of Altus (the Bank) for the benefit of ... When the Bank failed in 2009, the Federal Deposit Insurance Corporation. (FDIC) took over as receiver and filed suit to collect on the loans. ... Oklahoma granted summary judgment for the FDIC because the CEO's ...

Calculated Risk: July 2009

www.calculatedriskblog.com/2009_07_01_archive.html

Jul 31, 2009 ... First State Bank of Altus is the 65th FDIC-insured institution to fail in the nation this ... to be closed in the state was American Bank of Commerce, Oklahoma City, ... the Federal Deposit Insurance Corporation (FDIC) as receiver.

2010 Oklahoma State Banking Department Annual Report

www.ok.gov/banking/documents/Annual Report 2010.pdf

Nov 1, 2010 ... The total assets regulated by the State Banking Department .... when the FDIC acts as receiver/liquidator for a failed bank, the Oklahoma ... State Banking Department to the Oklahoma Insurance Department. ..... Altus. ▫. Stockmans Bank . Gould, Hollis, Mangum. Alva. ▫. Alva State ..... AmeriTrust Corporation.

Timeline of financial events: 2008-2009 - Oklahoma Bankers ...

www.oba.com/bankers/current_issues.php?action=story&id=1899

Estimated costs to the DIF are minimal, according to the FDIC. 7. .... October 7 — The FDIC announces that deposit insurance limits will be temporarily ..... in Georgia, all of which were subsidiaries of Security Bank Corporation, Macon, Ga. ... Failed banks include: First State Bank, Altus, with total assets of $103.4 million, and ...

Portal Seven | Failed Banks Tracker : List of Banks Failed in 2009

portalseven.com/banks/Failed_Banks_List_2009.jsp

List of all the banks failed in 2009 and closed by FDIC. ... 65, First State Bank of Altus, Altus, OK, July 31, 2009, $103.4 million, $98.2 million, $25.2 million .... The Federal Deposit Insurance Corporation is an independent federal agency created in 1933 to promote ... The FDIC is often appointed as receiver for failed banks.

Federal Rules of Civil Procedure - CBA CLE Legal Connection

cbaclelegalconnection.com/tag/federal-rules-of-civil-procedure/

Jun 2, 2015 ... The Tenth Circuit Court of Appeals published its opinion in FDIC v. ... First State Bank of Altus (the Bank) for the benefit of the company. When the Bank failed in 2009, the Federal Deposit Insurance Corporation (FDIC) took over as receiver ... The Oklahoma Department of Securities opened an investigation ...

CREDITOR'S EDGE - Electrical Manufacturer's Credit Bureau

www.emcb.net/cews092809.pdf

The Federal Housing Finance Agency reported that home prices in the U.S. ... was deleted from the column that requires the debtor to state the value of the ... Action Motors Corporation, Danbury, Ct., filed Chapter 11 in the U.S. ...... The Federal Deposit Insurance Corp. was named receiver, with First Financial Bank in.

The Automatic Earth: July 2009

theautomaticearth.blogspot.com/2009_07_01_archive.html

Jul 31, 2009 ... As of June 19, the First State Bank of Altus had total assets of ... The failed bank was the first to go down in the state of Oklahoma in 2009. ... The U.S. Federal Deposit Insurance Corp launched the first test of its ... Officials at the FDIC, which insures the deposits of U.S. banks and acts as the receiver for faile...

Helpful Resources

First State Bank of Altus - FDIC

www.fdic.gov

On Friday, July 31, 2009, First State Bank of Altus, Altus, OK was closed by the ... and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

Account(s): What about my account with First State Bank of ... - FDIC

www.fdic.gov

Jul 31, 2009 ... The Federal Deposit Insurance Corporation (FDIC) was then named ... of the loan portfolio from the FDIC as Receiver for First State Bank of Altus. ... The total balance in your account(s) with First State Bank of Altus, Altus, Oklahoma has been ... No one lost any money on deposit in First State Bank of Altus.

SETTLEMENT AND RELEASE AGREEMENT This Settlement ... - FDIC

www.fdic.gov

The Plaintiff Federal Deposit Insurance Corporation, in its capacity as Receiver of First. State Bank of Altus, Oklahoma ("FDIC"), and Andrews Davis, ...

Indictment Unsealed Charging Former Altus Bank President and ...

www.justice.gov

Jun 1, 2015 ... Oklahoma City, Oklahoma – A federal indictment has been ... of bank funds in connection with First State Bank of Altus (“FSB”) and ... Altus. In July 2009, state banking regulators closed FSB due to the bank's loan losses, and the Federal Deposit Insurance Corporation was appointed as the bank's receiver.

Southern Oregon developer indicted in alleged Oklahoma bank ...

www.oregonlive.com

Jun 1, 2015 ... The allegations involve loans at First State Bank of Altus, where ... and the Federal Deposit Insurance Corporation was appointed as the bank's ...