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    ANB Financial closed; third bank failure of year

    http://www.marketgawk.com/anb-financial-closed-third-bank-fa...
    75 days ago in United States Market Analysis · Authority: 14

    ANB Financial closed; third bank failure of year SAN FRANCISCO (MarketWatch) — ANB Financial N.A. of Bentonville, Ark., was closed by the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation was named receiver, the FDIC said late Friday. This marks the third bank failure of the year. FDIC’s board approved the assumption of the insured deposits of ANB Financial by Pulaski Bank and Trust Co. in Little Rock, Ark. The regional bank’s nine offices will reopen Monday as branches of Pulaski Bank. ANB had about $2.1 billion in assets and $1.8 billion in total deposits as of Jan. 31, according to the FDIC. Pulaski Bank will assume $212.9 million of ANB’s insured nonbrokered deposits for a premium of 1.011% and will purchase $235.9 million of assets.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. Original post by FeedZilla Posted in Market | No Comments May 9th, 2008

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    ANB Financial closed; third bank failure of year

    http://www.dollardrops.com/dollar/2008/05/09/anb-financial-c...
    75 days ago in Dollar Drops, Exchange rates, Forex and US Currency Converter · Authority: 97

    ANB Financial closed; third bank failure of year May 9th, 2008 SAN FRANCISCO (MarketWatch) — ANB Financial N.A. of Bentonville, Ark., was closed by the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation was named receiver, the FDIC said late Friday. This marks the third bank failure of the year. FDIC’s board approved the assumption of the insured deposits of ANB Financial by Pulaski Bank and Trust Co. in Little Rock, Ark. The regional bank’s nine offices will reopen Monday as branches of Pulaski Bank. ANB had about $2.1 billion in assets and $1.8 billion in total deposits as of Jan. 31, according to the FDIC. Pulaski Bank will assume $212.9 million of ANB’s insured nonbrokered deposits for a premium of 1.011% and will purchase $235.9 million of assets. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. Original post by Forextvblog Posted in Daily Forex Analysis |