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South Valley Bank & Trust assumes all of the deposits of Home Valley Bank

Alston & Bird LLP
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USA
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July 25 2010

On Friday, the Oregon Department of Consumer and Business Services closed Home Valley Bank, headquartered in Cave Junction, Oregon, and appointed the FDIC as receiver for the bank

First Citizens Bank bank and trust company assumes all of the deposits of Williamsburg First National Bank

Alston & Bird LLP
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USA
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July 25 2010

On Friday, the Office of the Comptroller of the Currency closed Williamsburg First National Bank, headquartered in Kingstree, South Carolina, and appointed the FDIC as receiver for the bank

Roundbank assumes all of the deposits of Community Security Bank

Alston & Bird LLP
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USA
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July 25 2010

On Friday, the Office of the Minnesota Department of Commerce closed Community Security Bank, headquartered in New Prague, Minnesota, and appointed the FDIC as receiver for the bank

Bennington State Bank assumes all of the deposits of Thunder Bank

Alston & Bird LLP
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USA
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July 25 2010

On Friday, the Kansas Office of the State Bank Commissioner closed Thunder Bank, headquartered in Sylvan Grove, Kansas, and appointed the FDIC as receiver for the bank

IBERIABANK assumes all of the deposits of Sterling Bank

Alston & Bird LLP
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USA
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July 25 2010

On Friday, the Florida Office of Financial Regulation closed Sterling Bank, headquartered in Lantana, Florida, and appointed the FDIC as receiver for the bank

Renasant Bank assumes all of the deposits of Crescent Bank and Trust Company

Alston & Bird LLP
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USA
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July 25 2010

On Friday, the Georgia Department of Banking & Finance closed Crescent Bank and Trust Company, headquartered in Jasper, Georgia, and appointed the FDIC as receiver for the bank

Plaza Bank assumes all of the deposits of SouthwestUSA Bank

Alston & Bird LLP
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USA
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July 25 2010

On Friday, the Nevada Financial Institutions Division closed SouthwestUSA Bank, headquartered in Las Vegas, Nevada, and appointed the FDIC as receiver for the bank

AIG announces Q4 and year-end results

Alston & Bird LLP
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USA
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February 28 2010

On Friday, American International Group, Inc. (AIG) released its results for the fourth quarter and full year 2009

SIGTARP releases report on AIG rescue and payments to AIG counterparties

Alston & Bird LLP
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USA
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November 17 2009

On Monday, the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) released a report entitled "Factors Affecting Efforts to Limit Payments to AIG Counterparties."

AIG announces sale of Hong Kong Financial branch and energy and infrastructure investments

Alston & Bird LLP
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USA
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August 21 2009

In the past two days, AIG has announced the sale of its Hong Kong Financial branch and the sale of additional energy and infrastructure investment assets