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Unofficial Problem Bank List Grows to 500
Posted to: Around The Web
Saturday, October 31, 2009 3:59 AM

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Note: This was before the FDIC seized banks related to FBOP today. This is an unofficial list of Problem Banks. Changes and comments from surferdude808: The Unofficial Problem Bank List crossed a major threshold this week as 500 institutions are now listed. The list grew by a net 18 institutions this week and nearly $44 billion in assets were added. Most of the increase comes is a result of the FDIC finally releasing its actions for September 2009. It will take another month to get their actions for October 2009. The FDIC released 25 cease & desist order and 2 Prompt Corrective Actions. The list already included 8 of these 25 as they were identified through 8-K filings, media reports, or the State Banking Department of Illinois’ website. From last week’s list, we dropped the 6 failures


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