18 May 2012, 10:29 pm
SYLACAUGA — Alabama Trust Bank was closed by the Office of Comptroller of the Currency on Friday. The OCC, part of the United States Department of the Treasury, appointed the Federal Deposit Insurance Corporation as receiver.... Read More »
18 May 2012, 6:43 pm
The Federal Deposit Insurance Corp. or FDIC, announced Friday the shuttering of one small bank in Alabama, taking the count of U.S. bank closures in 2012 to 24, after 92 in 2011 and the 157 bank closures in 2010. The closure is the first in the state of Alabama.... Read More »
18 May 2012, 4:01 pm
NEW YORK (TheStreet) -- The Office of the Comptroller of the Currency closed Alabama Trust Bank, NA of Sylacauga, bringing this year's total number of bail failures to 24. The failed bank was previously included in TheStreet's Bank Watch List of undercapitalized institutions, based on regula... Read More »
18 May 2012, 3:35 pm
SYLACAUGA, Ala. -- Alabama Trust Bank, National Association, Sylacauga, Alabama, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption... Read More »
18 May 2012, 3:34 pm
As of March 31, 2012, Alabama Trust Bank, National Association had approximately $51.6 million in total assets and $45.1 million in total deposits. ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $8.9 million. ...... Read More »
18 May 2012, 3:27 pm
Federal regulators have seized a small bank in Alabama, bringing to 24 the number of U.S. banks that have failed so far this year.... Read More »
17 May 2012, 11:01 am
Raytheon Company received from the U.S. Navy a $313.8 million contract for low-rate initial production of Standard Missile-6.... Read More »
17 May 2012, 8:07 am
Anniston man says goodbye to wife of 65 years who was in same hospital before coming to Birmingham for pacemaker insertion.... Read More »
15 May 2012, 9:27 am
Parts of east Anniston were without power this morning, leaving approximately 1,400 customers in the dark.... Read More »
12 May 2012, 1:35 am
There's a new chance for the Chief Ladiga cycling trail to be extended on into Anniston, but to make that a reality would require the cooperation of lots of people.... Read More »