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Keyword: firstnatlbank

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  • U.S. regulators seize two more banks, engineer sale

    07/25/2008 7:39:47 PM PDT · by rabscuttle385 · 70 replies · 175+ views
    Reuters via Yahoo! News ^ | 2008-07-25 | John Poirier
    By John Poirier WASHINGTON (Reuters) - U.S. regulators took over two banks on Friday and sold them to Mutual of Omaha Bank, the sixth and seventh bank failures this year as financial institutions struggle with a housing bust and credit crunch. ADVERTISEMENT Two weeks after the Federal Deposit Insurance Corp seized IndyMac Bancorp Inc (Other OTC:IDMC.PK - News), the Office of the Comptroller of the Currency said it closed First National Bank of Nevada and First Heritage Bank NA of California. First National had total assets of $3.4 billion and $3 billion in deposits while First Heritage had assets of...