In The News...
 The Federal Deposit Insurance Corporation (FDIC) took over 3 banks on Friday, November 6, 2009. These closings bring the total for the year to 123. The banks closed are located in California and Flori...
 FRONTLINE will present The Card Game on PBS channels nationwide November 24, 2009. In The Card Game, a follow-up to the Secret History of the Credit Card and a joint project with ...
The Federal Deposit Insurance Corporation (FDIC) took over 5 banks on Friday, November 6, 2009. These closings bring the total for the year to 120. The banks closed are located in California, Georgia,...
The Federal Deposit Insurance Corporation (FDIC) took over 9 banks on Friday, October 30, 2009. These closings bring the total for the year to 115. The banks closed are located in Arizona, California,...
The Federal Deposit Insurance Corporation (FDIC) took over 7 banks on Friday, October 23, 2009. These closings bring the total for the year to 106. The banks closed are located in Illinois, Minnesota,...
 The Federal Deposit Insurance Corporation (FDIC) took over one bank on Friday, October 16, 2009. This closing brings the total for the year to 99. The bank closed was San Joaquin Bank, Bakersfield, Ca...
The Federal Deposit Insurance Corporation (FDIC) took over 3 banks on Friday, October 2, 2009. These closings bring the total for the year to 98. The banks closed are located in Colorado, Minnesota, a...
The Federal Deposit Insurance Corporation (FDIC) took over the 95th bank this year, the 19th in Georgia. Georgian Bank, Atlanta, Georgia, was closed on Friday, September 25, 2009 by the Georgia Depar...
Two more banks were closed by regulators on Friday, September 18th. The banks closed were 2 units of Irwin Financial Corporation. The banks closed include Irwin Union Bank, F.S.B., Louisville, Kentuc...
Three more banks were closed by regulators on Friday, September 11th. The banks closed were Venture Bank, Lacey, Washington, Brickwell Community Bank, Woodbury, Minnesota, and Corus Bank, N.A., Chica...
The Federal Deposit Insurance Corporation (FDIC) took over 5 banks on Friday, August 21, 2009. These closings bring the total for the year to 89. The banks closed are located in Arizona, Illinois, Iow...
 The Federal Deposit Insurance Corporation (FDIC) took over 3 banks on Friday, August 28, 2009. These closings bring the total for the year to 84. The banks closed are located in California, Minnesota,...
The Federal Deposit Insurance Corporation (FDIC) took over 4 banks on Friday, August 21, 2009. These closings bring the total for the year to 81. The banks closed are located in Alabama, Georgia, and ...
![Cash For Clunkers Program Out of Money? [UPDATEDx2] - August 06, 2009](news/2009/images/Cash-For-Clunkers-Program-Out-of-Money_thumb.png "Cash For Clunkers Program Out of Money? [UPDATEDx2] - August 06, 2009") The Associated Press is reporting that lawmakers are being assured by Transportation Secretary Ray LaHood that the "cash for clunkers" program, which has been overwhelmingly popular, will surv...
 The Federal Deposit Insurance Corporation (FDIC) took over 5 banks on Friday, July 31, 2009. These closings bring the total for the month to 24 banks and the total for the year to 69. The banks closed...
 The United States Mint honors Presidential spouses with a new $10 gold coin to honor Julia Tyler, the spouse of the 10th President, John Tyler, of the United States. The new gold coins honoring first...
 The Federal Deposit Insurance Corporation took over 7 banks on Friday, July 24, 2009. The banks taken over include 6 subsidiaries of Security Bank Corporation, Macon, Georgia and 1 in New York. These...
 Existing-home sales rose for the third straight month in a row with inventory easing and home prices declining less severely in June, according to the National Association of Realtors. Existing-homes ...
 New Hope Community Development Federal Credit Union in Birmingham, Alabama, a federally chartered and federally insured credit union had its operations taken over by the National Credit Union Administ...
 Ford Motor Company reported a pre-tax operating loss of $424 million in the second quarter of 2009, excluding special items. The second quarter results represents a $609 million improvement compared w...
 Mortgage rates are up a little this week, ending a 3 week trend of decreasing rates. Freddie Mac's weekly Primary Mortgage Market Survey estimates that 30-year fixed-rate mortgage averaged 5.20 pe...
 The US Federal Reserve Board has proposed changes to Truth in Lending disclosures intended to improve the information consumers receive concerning closed-end mortgages and home-equity lines of credit ...
 The Federal Housing Finance Agency’s monthly House Price Index estimates that home prices in the United States increased by 0.9 percent on a seasonally-adjusted basis from April to May, 2009. The p...
 The Federal Deposit Insurance Corporation took over 4 banks on Friday, July 17, 2009. The banks taken over include 2 in California, 1 in Georgia, and 1 in South Dakota. These takeovers bring the tota...
 The US Housing and Urban Development announced the new residential construction statistics for June 2009. Increases in new home construction has surged, compared to May 2009, but are still well below...
 Retail sales are up over to last month, but down from the same period last year.
The Department of Commerce announced retail and food services sales statistics for June 2009 were $342.1 billion, a...
 The American Samoa quarter will enter into circulation on July 27, 2009. This is the fourth coin to be released under the 2009 District of Columbia and U.S. Territories Quarters Program. The coin'...
 Bank of Wyoming, Thermopolis, Wyoming, was closed by the State of Wyoming, Department of Audit, Division of Banking, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. This ...
The Federal Deposit Insurance Corporation took over 7 banks on Thursday, July 2, 2009. The banks taken over include 6 in Illinois and 1 in Texas. These takeovers bring the total for the year to 52 ba...
 The Federal Credit Union Act was enacted on June 26, 1934. The purpose of the law was to make credit available and promote thrift through a national system of non-profit, cooperative credit unions. Th...
 Community Bank of West Georgia
Community Bank of West Georgia, Villa Rica, Georgia, was closed on June 26, 2009 by the Georgia Department of Banking and Finance, which appointed the Federa...
 Alaska USA Federal Credit Union, headquartered in Anchorage, Alaska, will begin providing High Desert members with uninterrupted credit union service. The National Credit Union Administration (NCUA) a...
 After passing the House of Representatives, the "Cash for Clunkers" bill has made its way through the US Senate. The bill now heads to the White House for President Obama's signature.
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 President Obama laid out a comprehensive regulatory reform plan today to modernize and protect the integrity of our financial system. While this crisis has had many causes, the administration says the...
 Retail and food service sales are up 0.5 percent. Is it the sign of the beginning of the end of the recession? Economists are hoping this trend will continue and help take the economy into positive GD...
 US bankruptcy filings were up 33.3 percent for the 12-month period ending March 31, 2009, compared to the previous 12 month period ending March 31, 2008, according to statistics released today by the ...
 The Securities and Exchange Commission has charged former Countrywide Financial CEO Angelo Mozilo, along with two other former executives, with securities fraud for deliberately misleading investors a...
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