The FDIC kept some of the assets and liabilities that it could not sell in a holding
entity known as IndyMac Federal Bank, which would be slowly wound down.
On March 19, 2009, the Federal Deposit Insurance Corporation (FDIC)
completed the sale of IndyMac Federal Bank, FSB, Pasadena, California, to
As of July 11, 2008, IndyMac Bank, F.S.B. was acquired by IndyMac Federal
Bank, F.S.B. IndyMac Bank, F.S.B. operates as a hybrid thrift/mortgage banker.
The US bank Indymac
was siezed by the Federal
Deposit Insurance Corporation on friday after a run on the bank
was caused by rumors and speculation. IndyMac
was the biggest retail bank
to fall victim to the mortgage crisis in the US. It will be interesting to see how ... More »
The IndyMac bank failure on July 11, 2008, left many shocked and .... IndyMac
reopened on Monday July 14, 2008, as IndyMac Federal FSB, a bridge bank.
IndyMac Bank's assets were seized by federal regulators on Friday after the
mortgage lender succumbed to the pressures of tighter credit, tumbling home
Jul 12, 2008 ... In one of the largest bank failures since the S&L crisis two decades ago, ... lender
IndyMac Bancorp Inc. was taken over by federal regulators on ...
Mar 20, 2009 ... The sale of IndyMac Federal Bank was concluded Thursday, and the new owners
wasted no time in ditching its tainted name. Starting today ...
Jul 22, 2014 ... Lender CIT to buy OneWest Bank, formerly IndyMac, for $3.4 billion ... that
acquired IndyMac from the Federal Deposit Insurance Corp. in 2009.