Christopher Steelman

Alston & Bird LLP

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Treasury releases completed transactions report

USA - December 22 2009 Friday, Treasury released its most recent completed transactions report for the period ending December 16, 2009....

FDIC approves payout of insured deposits of Rockbridge Commercial Bank

USA - December 21 2009 On Friday, the Georgia Department of Banking and Finance closed RockBridge Commercial Bank, headquartered in Atlanta, Georgia, and the FDIC was named as receiver....

OneWest Bank, FSB assumes deposits of First Federal Bank of California

USA - December 21 2009 On Friday, the OTS closed First Federal Bank of California, headquartered in Santa Monica, California, and the FDIC was named as receiver....

FDIC creates Deposit Insurance National Bank to facilitate the resolution of Citizens State Bank

USA - December 21 2009 On Friday, the Michigan Office of Financial and Insurance Regulation closed Citizens State Bank, headquartered in New Baltimore, Michigan, and the FDIC was named as receiver....

City National Bank assumes deposits of Imperial Capital Bank

USA - December 21 2009 On Friday, the California Department of Financial Institutions closed Imperial Capital Bank, headquartered in La Jolla, California, and the FDIC was named as receiver....