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#1108274 - 01/09/09 03:16 PM Troubled Bank List
Cornfed Turtle Offline
Diamond Poster
Joined: Mar 2006
Posts: 1,323
"...Somewhere in Middle Americ...
Other than the "increased regulatory scrutiny" that comes along with inclusion on the list.....does anyone know of any specific things in which a troubled bank can no longer participate? Could they sell mtgs, borrow fed funds, do SBA loans, etc? From my internet searching - - it looks like they would be following some plan that their regulator has outlined that is specific to their troubles.

And, no, not my bank or any bank I know.....just general education.

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General Discussion
#1109063 - 01/12/09 03:23 PM Re: Troubled Bank List Cornfed Turtle
Phoenix Offline
Platinum Poster
Phoenix
Joined: May 2003
Posts: 832
southeast
Need a better definition of "troubled bank" - the regulations give more specific guidance based on a bank's capital, not on its "troubles".
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#1109238 - 01/12/09 06:17 PM Re: Troubled Bank List Phoenix
Jokerman Offline
10K Club
Joined: Nov 2003
Posts: 12,846
The C&D / written agreement would include specific prohibitions and requirements. But, as Phoenix notes, failure to maintain well-capitalized status would also trigger some restrictions, such as non-renewal/origination of brokered deposits (w/o a waiver).

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#1109303 - 01/12/09 07:01 PM Re: Troubled Bank List Jokerman
BrendaC Offline
Power Poster
BrendaC
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
FDIC pass-through insurance requirements provide for notifying certain customers if the bank is less than well capitalized.
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