Northwest Florida Realtor


FDIC closes 3 more banks SolutionsBank, Valley Capital Bank,Republic Federal Bank

Federal regulators have shut the doors on three more financial institutions in Florida, Kansas, and Arizona, bringing the total number of failed banks to 133 so far in 2009.


Valley Capital Bank is to be taken over by Enterprise Bank & Trust costing the FDIC on this Arizona bank's failure $7.4 million


SolutionsBank is being taken over by Arvest Bank this will cost the FDIC an estimated $122 million.


Republic Federal Bank. Republic $352.7 million in deposits, its four branch offices, and $267.1 million assets.1st United Bank has agreed to take acquire the banks assets this will cost an expected cost close to $122 million for the FDIC

 See a complete list of closures at

Brandon Jordan's Facebook Profile
Add me to your Facebook

View Brandon Jordan's profile on LinkedIn

Brandon Jordan, Realtor,E-PRO,ERA American Real Estate

Thank you for adding me as a friend over the years on Facebook.

Now like my new business page on Facebook.


View Brandon Jordan's profile on LinkedIn

Brandon Jordan
Sr Vice President
ERA American Real Estate
Cell- (850)-758-1236
Fax- (850)-682-9439
Buy A Florida Vacation

"We provide this information and much more on our site for you 
at no charge, so please remember us when you're looking to buy
or sell real estate"


Comment balloon 0 commentsBrandon Jordan • December 26 2009 01:51PM


This blog does not allow anonymous comments