31/05/2013

Bank Failure Friday Again: Bank of Kenosha Goes Buh-Bye

  by John Galt May 31, 2013 08:30 ET From the FDIC website: North Shore Bank, FSB, Brookfield, Wisconsin, Assumes All of the Deposits of Banks of Wisconsin, Kenosha, Wisconsin FOR IMMEDIATE RELEASE May 31, 2013 Banks of Wisconsin, Kenosha, Wisconsin, was closed today by the Wisconsin Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with North Shore Bank, FSB, Brookfield, Wisconsin, to assume all of the deposits of Banks of Wisconsin….



%d bloggers like this: