Posts Tagged ‘corporate securities’

Who can keep up? Fourth bank fails this weekend

Saturday, February 14, 2009 20:30 No Comments

Pinnacle bank of Oregon becomes the 4th bank failure this weekend and the 13th this year.
The Oregon Division of Finance and Corporate Securities closed Pinnacle bank this Friday. The FDIC has announced that Washington Trust Bank in Spokane, Washington has agreed to assume all of the deposits of the failed bank.
Pinnacle Bank had assets of  [...]

This was posted under category: Bank Failures, Federal Reserve, Great Depression Tags: , , , , , , , ,
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