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SEC proposes to overhaul regulation of asset-backed securities
- Alston & Bird LLP
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- USA
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- April 9 2010
In an open meeting on April 7, 2010, the Securities and Exchange Commission (SEC) unanimously approved for public comment proposed rules that seek substantially to modify the regulatory framework in place for asset-backed securities (ABS
Centennial Bank assumes all of the deposits of Key West Bank
- Alston & Bird LLP
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- USA
- -
- March 27 2010
On Friday, OTS closed Key West Bank, headquartered in Key West, Florida, and the FDIC was named receiver
Charterbank assumes all of the deposits of McIntosh Commercial Bank
- Alston & Bird LLP
- -
- USA
- -
- March 27 2010
On Friday, the Georgia Department of Banking and Finance closed McIntosh Commercial Bank, headquartered in Carrollton, Georgia, and the FDIC was named receiver
Bank of the Ozarks assumes all of the deposits of Unity National Bank
- Alston & Bird LLP
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- USA
- -
- March 27 2010
On Friday, the OCC closed Unity National Bank, headquartered in Cartersville, Georgia, and the FDIC was named receiver
New York Community Bank assumes all of the deposits of Desert Hills Bank
- Alston & Bird LLP
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- USA
- -
- March 27 2010
On Friday, the Arizona Department of Financial Institutions closed Desert Hills Bank, headquartered in Phoenix, Arizona, and the FDIC was named receiver
First Citizens Bank assumes deposits of First Lowndes Bank
- Alston & Bird LLP
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- USA
- -
- March 20 2010
On Friday, the Alabama Banking Department closed First Lowndes Bank, headquartered in Fort Deposit, Alabama, and the FDIC was named receiver
Citizens South Bank assumes deposits of Bank of Hiawassee
- Alston & Bird LLP
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- USA
- -
- March 20 2010
On Friday, the Georgia Department of Banking and Finance closed Bank of Hiawassee, headquartered in Hiawassee, Georgia, and the FDIC was named receiver
FDIC approves payout of insured deposits of Advanta Bank Corp
- Alston & Bird LLP
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- USA
- -
- March 20 2010
On Friday, the Utah Department of Financial Institutions closed Advanta Bank Corp
Northern State Bank assumes deposits of State Bank of Aurora
- Alston & Bird LLP
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- USA
- -
- March 20 2010
On Friday, the Minnesota Department of Commerce closed State Bank of Aurora, headquartered in Aurora, Minnesota, and the FDIC was named receiver
Community & Southern Bank assumes deposits of Appalachian Community Bank
- Alston & Bird LLP
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- USA
- -
- March 20 2010
On Friday, the Georgia Department of Banking and Finance closed Appalachian Community Bank, headquartered in Ellijay, Georgia, and the FDIC was named receiver
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- Firm Name - Alston & Bird LLP
- Author - Lawanna Kimbro